Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
Eurobank net profits at 56.8 mln in Q1
Alpha Bank posts net loss of 10.9 mln in Q1
NBG results show net profits of 409 mln euros on strong trading income in Q1
BoG governor renews calls for launch of bad bank and ESM use
Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
Piraeus Bank concluded the release of Greek banks’ fourth quarter (Q4) results on Friday evening by announcing that it posted net losses of 17.7 million euros in Q4 from profits of 30.6 million in the previous quarter.
For the whole year, the bank reported an almost break-even bottom-line result (-3.7 million) from huge losses of 1.86 billion euros in 2015 dragged down by extended impairment losses of 3.49 billion.
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