Banking
National Bank posts 9-month profits of 1.18 bln
National Bank (NBG) posted nine-month (9M) net profits of 1.18 billion euros, from 262 million last year, the lender announced on Thursday.
Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
Alpha Bank reported on Tuesday a nine-month (9M) net profit of 110.3 million euros from 3.13 billion last year.
Value of HFSF participation in Greek banks falls to 17 billion
The publication of the Hellenic Financial Stability Fund (HFSF) interim financial report for the first half (H1) of 2014 showed a loss of 3.51 billion entirely due to accounting loss (unrealized capital loss) of 3.5 billion stemming from its bank holdings and warrants.
Piraeus Bank reports net profit of 164.3 mln in Q2
Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1.
Eurobank reports net loss of 301.1 mln in Q2
Eurobank reported a net loss of 301.1 million euros in the second quarter (Q2) from 207.4 million in Q1.
National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
National Bank’s reported net profit reached 1.15 billion euros in the first half (H1) of the year, from 343 million last year. It was the second Greek bank after Alpha, which released Q1 results on August 28.
Alpha Bank reports H1 profits of 267.4 mln on one-off item
Alpha Bank reported first half (H1) net profit of 267.4 million euros from 3.41 billion last year. The figures are not comparable since the former incorporates deferred tax asset (DTA) of 422 million and the latter the negative goodwill from Emporiki transaction of 3.28 billion and several other one-off items.
Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
Greece is likely to recover more than 30 billion euros of the 50 billion it has borrowed to rescue its banks, Hellenic Financial Stability Fund (HFSF) CEO Anastasia Sakellariou told Kathimerini newspaper in an interview published on Sunday.
Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
The recent publication of financial statements for the first quarter of 2014 by Greece's bank rescue fund, the Hellenic Financial Stability Fund (HFSF), revealed a profit of 1.45 billion euros for the period in question. However, the value of HFSF's shareholdings in Greece's core lenders has dropped dramatically.
Ιnterest in exercising Alpha's warrants remains rather limited
The results of the second exercise period of Alpha Bank’s warrants showed that 60.9 million warrants were exercised at the predefined price of 0.4576 euros.