Bank of Greece (BoG) released on Tuesday the third second issue of its semi-annual overview of the Greek financial sector presenting an analysis of the latest loan quality figures.
National Bank of Greece (NBG) announced on Thursday it entered into an agreement with the Dutch EXIN Financial Services Holdings BV for the sale of a 75 percent stake in Ethniki Insurance, NBG’s insurance subsidiary in Greece.
Greek banks reduced their branch network and employees in the domestic market further, according to the dataset of structural financial indicators for the EU banking sector which was published by the ECB.
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
Alpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter with net profits more than doubling.
Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter.
The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter.
Eurobank's Q1 results reported net profits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million.
Greek banks met their non-performing exposure (NPE) and non-performing loan (NPL) reduction targets in the fourth quarter (Q4) of 2016, the second quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) revealed on Wednesday afternoon.
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.
National Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net profits of 73 million euros from 6 million in the previous quarter.