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Piraeus Bank reports solid profits of 890 mln in 9M
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Alpha Bank profitability stays strong in 9M with 8.4% YoY rise
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Eurobank reports solid rise in profitability of 12.4% YoY in 9M
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Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
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Net interest income and fees push Piraeus Bank profits to 617 mln in H1
Banks intensify balance-sheet clean up with securitisations, new bonds
Piraeus Bank and Alpha Bank are both moving forward with actions this week to continue strengthening their balance sheets, with the former extending its ongoing partnership with Swedish loan servicer Intrum AB.
Piraeus signed a binding agreement with Intrum for the sale of 30 percent of the mezzanine notes in the Vega securitisation, the bank said in a filing. The bank would distribute 65 percent of the notes to its shareholders, while retaining the remaining ...
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