Banks end year with continued bad loan sales
NBG results show net profits of 602 mln euros in 9M
Alpha Bank Q3 results reflect net profits of 43.8 mln
Piraeus Bank posts pre-tax losses of 133 mln in 9M
Eurobank net results show loss of 1.08 bln in 9M
Bridge scheme activated as banks look to avoid second-wave NPL increase
All eyes on Piraeus as share price tumbles amid coupon payment concerns
The banking sector, particularly Piraeus Bank, was at the centre of attention last week, experiencing significant price turbulence as a result of concerns about coupon payments linked to the recapitalisation carried out five years ago.
The lender’s share price was hammered on Tuesday, reaching limit down and eventually dropping by more than 24 pct at the close. The role and shareholding of the Hellenic Financial Stability Fund in the systemic banks, and Piraeus in particular, was pivo...
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