National Bank of Greece (NBG) reported net losses of 13 million euros in the second quarter (Q2) of 2017 reversing the profits of 13 million in Q1, which resulted in a break-even bottom-line result for the first half (H1) of the year.
Piraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2, resulting in a break-even bottom-line result in the first half (H1) of 2017.
Eurobank remained profitable in the second quarter (Q2) of 2017, with net profits slightly increasing to 39.7 million euros Q2 from 36.5 million in the previous quarter.
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.