NBG increases profits in H1 as it progresses with NPE clean up

EconomyBanking Tags: Banking, NBG
Photo by MacroPolis
Photo by MacroPolis

National Bank of Greece (NBG) reported a profit after tax from continuing operations of 622 million euros in the first half (H1), compared with a profit of 465 million euros in the same period of 2020, a rise of 34 pct.

Pre-provision income (PPI) stood at 803 million euros, down by 24 pct on the 1.05 billion euros of H1 2020.

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