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NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
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Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
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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