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
Alpha Bank remains profitable in Q2, NPEs reduced further
Alpha Bank’s reported net profit stood at 1 million in the second quarter (Q2) of 2017 including profits of 71 million from continued operations offset by losses of 68.5 million from discontinued operations, mainly related to recycling of FX differences following the sale of its subsidiary in Serbia.
Taking into account the profits of 48 million recorded in Q1, the bank posted net profits of around 50 million in the first half (H1) of the year.
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