Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
NBG's NII rises by 73 pct to 1.64 bln in 9M
Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
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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