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Banking
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EconomyBanking
Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1 Eurobank posted an adjusted net income of 759.7 million euros in the first half of 2022 (H1), compared to a profit of 195.1 million euros last year.
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EconomyMacroeconomy
Deposits rise to highest level since end-2011 as corporates grow by 10 pct in June The net private sector deposit movement in the Greek banking system in June jumped by 2.72 billion euros, from 1.31 billion euros in May, and 1.35 billion euros in April, based on Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyBanking
NBG profits narrow to 208 mln in Q1 National Bank of Greece (NBG) reported a profit after tax of 208 million euros from continued operations in Q1 2022, compared to a profit of 583 million euros in the same quarter of 2021, a drop of 64 pct.
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EconomyBanking
Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off Alpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021.
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EconomyBanking
Helped by trading gains, Eurobank posts 305 mln in Q1 profits Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year.
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EconomyBanking
Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1 Piraeus Bank posted a net profit of 520 million euros in the first quarter (Q1) of 2022, from losses of 404 million euros last year, due to 829 million euros in clean-up impairments.
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EconomyMacroeconomy Credit growth edges up to 1.6 pct in Mar, led by rise in business loans Credit movement in the Greek private sector accelerated slightly to 1.6 percent year-on-year (YoY) in March, from 1.4 per percent in February, 0.9 percent in January, Bank of Greece (BoG) figures released on Friday showed.
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EconomyMacroeconomy
Deposits drop for third straight month as corporates lead fall of 988 mln The net private sector deposit movement in the Greek banking system in March stayed negative, falling by a further 988 million euros, from 260 million in February, and 2.23 billion seen in January, based on Bank of Greece (BoG) figures released on Friday.
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EconomyMacroeconomy
Net credit flow turns positive in Feb: 1.4 pct rise led by loans to corporations Credit movement in the Greek private sector accelerated to 1.4 per percent year-on-year (YoY) in February, from 0.9 in January and 1.4 percent also seen in December, Bank of Greece (BoG) figures released on Monday showed.