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EconomyBanking
Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline Alpha Bank’s reported net profits stood at 35.5 million in the third quarter (Q3) of 2017, attributable entirely from profits originating from continued operations.
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EconomyBanking
Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall Piraeus Bank’s third quarter (Q3) results showed a net loss of 19 million euros, undoing the net profit of 7 million euros seen in Q2.
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EconomyBanking
NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter National Bank of Greece (NBG) reported a net loss of 35 million euros in the third quarter (Q3) of 2017, slowing from a loss of 156 million euros in Q2.
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EconomyMacroeconomy
Grivalia Properties net profits rise by 87 percent in nine-month results Grivalia Properties’ results for the nine-month period ending in September 2017 showed that revenues increased by 5.4 percent.
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EconomyBanking
Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter Eurobank’s results for the third quarter (Q3) of the year showed net profits after income tax at 61.2 million euros compared to net profits of 37.3 million euros in Q2, a rise of 64.1 percent.
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EconomyCorporates
Coca Cola-HBC revenues rise by 5 pct in Q3 Coca-Cola-HBC’s results for the third quarter (Q3) of 2017 showed that revenue grew by 5 percent year-on-year.
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EconomyBanking
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.
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EconomyBanking
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.
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EconomyBanking
Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter Piraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2, resulting in a break-even bottom-line result in the first half (H1) of 2017.
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EconomyBanking
Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation Eurobank remained profitable in the second quarter (Q2) of 2017, with net profits slightly increasing to 39.7 million euros Q2 from 36.5 million in the previous quarter.