Banks gear up for stress tests, with results due in May
Stress test assumptions cause few concerns for Greek banks
Greek banks complete first round of covered bond issues
BoG sees ample capital space for banks to sell bad loans
Clearer picture emerging ahead of stress tests, banks appear confident
Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
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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