Clearer picture emerging ahead of stress tests, banks appear confident
Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
Banks enhance steps to deal with NPLs ahead of stress test
Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
Alpha Bank concluded the reporting period of the four systemic Greek banks releasing its third-quarter (Q3) results on the last day of November.
The bank posted net profits of 41.1 million euros in Q3, from losses of 16.8 million in Q2. As a result, Alpha’s bottom-line result in the 9-month period turned positive, with net profits of 22 million from huge losses of 838.6 million in the correspond...
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