Banking
NBG NII jumps 73 pct in Q1 to 497 mln
National Bank of Greece (NBG) reported a profit after tax of 260 million euros in Q1 2023, compared to a profit of 360 million euros in 2022, a drop of 28 percent.
Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
Eurobank posted an adjusted net profit of 255.3 million euros in Q1 2023, compared to a profit of 302.4 million euros last year.
Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
Alpha Bank reported a net profit of 111 million euros in Q1 2023, compared to a profit of 123 million euros in Q1 2022.
Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
Piraeus Bank posted a net profit of 180 million euros in Q1 2023, from a profit of 521 million euros, the same quarter last year, thanks to one-off gains of 518 million euros.
Lenders confident of being well-placed to overcome global banking sector turbulence
Following last week’s turbulence in the global banking sector after the collapse of two banks in the US and trouble at Credit Suisse, the entire banking system, led by Bank of Greece governor Yiannis Stournaras tried to ensure that there is not a shred of doubt about the resilience of the Greek banking system.
After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
Alpha Bank reported a net profit of 398 million euros in 2022, compared to a loss of 2.91 billion euros in 2021.
NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
National Bank of Greece (NBG) reported a profit after tax of 861 million euros in 2022, compared to a profit of 832 million euros in 2021, a rise of 6 percent.
Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
Eurobank posted an adjusted net income of 1.17 billion euros in the full 2022, compared to a profit of 424.3 million euros in the previous year.
Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
Piraeus Bank posted a net profit of 899 million euros in the full year 2022, from losses of 3 billion euros last year, due to 3.87 billion euros in clean-up impairments in 2021.
Banks discover stress test assumptions, results due in July
The European Banking Authority (EBA) announced this week the assumptions for this year’s stress tests. The process is expected to be completed in early summer, followed by the announcement of the results.