H1 bank results show performance stabilising, laying ground for further improvement
Eurobank net profits at 6 mln in Q2 amid increasing securitisations
Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
NBG reports net profits of 122 mln in Q2, highlights successful bond sale
Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
Capital controls to be abolished ahead of schedule
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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