Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans

Banks tout ambitious NPE plans to return to European mainstream 07/04/2021 - 11:05
NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020 29/03/2021 - 13:01
Alpha Bank posts net profit of 103.7 mln in 2020 24/03/2021 - 13:20
Piraeus announces transformation plan amid 2020 loss of 662 mln 17/03/2021 - 14:02
Banks intensify balance-sheet clean up with securitisations, new bonds 03/03/2021 - 14:48
Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation 23/02/2021 - 12:53

Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans

EconomyBanking 11/03/2021 - 13:45 Tags: Banking, Eurobank, Results

Eurobank posted its biggest loss since 2014 last year as the price of a restructuring that will bring down its bad loans ratio to a level approaching the European average.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€480.00

Free Mobile Apps

Update to the latest version of the MacroPolis Apps. Access all of our daily analysis, as well as our weekly e-newsletters, at your fingertips.

Tweets by @MacroPolis_gr

You have to in order to view this content.

Most Popular

Confusion over retail reopening puts govt on defensive 05/04/2021 - 14:30
Tsipras launches attack on New Democracy as reactions to lockdown mount 06/04/2021 - 14:20
Greece set to reopen embassy in Libya as it seeks better ties with Tripoli 05/04/2021 - 12:26
Mitsotakis defends pandemic handling, denies snap election plans 08/04/2021 - 13:05
Greece falls behind on gender equality due to drop in political empowerment 09/04/2021 - 09:32

PM unveils 'Greece 2.0' plan to use EU recovery funds, transform economy 31/03/2021 - 15:42
Athens draws up Turkey strategy after EU Council, Biden input 29/03/2021 - 11:32
New development law chips away at Greece's Natura 2000 regime 15/03/2021 - 11:47
Relaxation of lockdown considered despite worrying Covid data 17/03/2021 - 15:56
Govt under fire for testing and requisitioning plans as further lockdown easing postponed 23/03/2021 - 11:55

OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP 31/03/2020 - 14:21
Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals 13/07/2020 - 11:27
Greece persistently bottom of the list for EU gender equality 18/11/2020 - 12:34
The first cut is the deepest? Greek pension reforms in context 07/06/2018 - 12:12
RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece 24/11/2020 - 13:35

Banks tout ambitious NPE plans to return to European mainstream 07/04/2021 - 11:05

Alpha Bank posts net profit of 103.7 mln in 2020 24/03/2021 - 13:20
Piraeus announces transformation plan amid 2020 loss of 662 mln 17/03/2021 - 14:02
NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020 29/03/2021 - 13:01
Banks tout ambitious NPE plans to return to European mainstream 07/04/2021 - 11:05

Hercules nears end of its first cycle with National Bank's participation 02/02/2021 - 15:17
Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing 20/10/2020 - 14:32
Bridge scheme activated as banks look to avoid second-wave NPL increase 11/11/2020 - 12:58
BoG warns pandemic will leave trail of bad loans, hastening need for new tools 22/01/2021 - 13:53
All eyes on Piraeus as share price tumbles amid coupon payment concerns 02/11/2020 - 11:47