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Piraeus Bank profits at 815 mln in 9M, fees income at 489 mln
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Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
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Alpha Bank's net profit at 517 mln in H1, commissions jump to 229.1 mln
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
Banks tout ambitious NPE plans to return to European mainstream
Greece’s banks have started what was set to be a difficult year for them by winning plaudits for their progress towards meeting tough goals for reducing the stock of non-performing exposures.
Last week Moody’s raised the outlook for Greek banks to “positive” on prospects of further reducing their bad-loan exposure with more securitizations, as well as gradually improving profitability in 2021-2022.
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