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NBG NII jumps 73 pct in Q1 to 497 mln
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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
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Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
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Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
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Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
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Lenders confident of being well-placed to overcome global banking sector turbulence
BoG warns pandemic will leave trail of bad loans, hastening need for new tools
In its regular release cycle of the financial stability report on Thursday, Bank of Greece (BoG) stepped up its warnings regarding the pandemic’s impact on the Greek banking system.
Greece’s central bank notes that, according to its baseline scenario, the economy will shrink by 10 pct in 2020, before resuming a growth path of 4.2 pct this year and 4.8 pct in 2022. This is broadly in line with the Finance Ministry’s estimate of 4.8 ...
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