Banks focus on reducing NPLs linked to property
NBG reports net profits of 131 mln in Q1, accelerating profitability
Piraeus Bank posts net profit of 185 mln in 2018
Alpha Bank posts net profits of 53 mln in 2018
NBG reports full year net profits of 50 million euros from continued operations
Eurobank net profits from continued operations fall by 12.2 pct in 2018
Greek banks conclude series of corporate actions as part of restructuring
Greek banks concluded a number of corporate actions in the last month of 2016 as part of the implementation of their restructuring plans, which includes disposal of non-core assets and focus on specific markets.
On December 30, NBG announced it entered into a definitive agreement with the Belgian KBC Group for the sale of a 99.91 percent stake in NBG’s Bulgarian subsidiary United Bulgarian Bank (UBB).
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