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
NBG reports net losses in Q2, NPEs down for fifth straight quarter
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.
The Q2 result includes a loss of 52 million from continued operations, a loss of 97 million from discontinued operations and an one-off capital gain of 144 million from the sale of National Insurance. The discontinued operations relate to NBG’s subsidia...
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