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NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII -
Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct -
NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln -
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses -
Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct -
Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
Following weeks of uncertainty and pressure on the banking sector, which climaxed in a big drop in bank share prices on Wednesday, there have been reports of efforts to provide the Greek lenders with assistance.
The Greek authorities along with Bank of Greece, the Hellenic Financial Stability Fund (HFSF) and European institutions are reportedly working on plans to accelerate the reduction of bad loans from the banks’ books by assuming part of the non-performing...
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