Banking
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.
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.
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.
Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
Bank of Greece (BoG) released on Tuesday the third second issue of its semi-annual overview of the Greek financial sector presenting an analysis of the latest loan quality figures.
NBG sale of its 75 pct stake in Ethniki Insurance improves capital ratio by more than 100 bps
National Bank of Greece (NBG) announced on Thursday it entered into an agreement with the Dutch EXIN Financial Services Holdings BV for the sale of a 75 percent stake in Ethniki Insurance, NBG’s insurance subsidiary in Greece.
Bank branches fall in 2016, degree of concentration highest in EU
Greek banks reduced their branch network and employees in the domestic market further, according to the dataset of structural financial indicators for the EU banking sector which was published by the ECB.
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
Alpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter with net profits more than doubling.
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter.
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter.
Eurobank stays profitable in Q1 with net earnings of 36.5 mln
Eurobank's Q1 results reported net profits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million.