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Positive sentiment around banks continues to grow
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Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY
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Stress tests not proving stressful for Greek banks any longer
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NBG's NII jumps 75 pct to 1.05 bln in H1
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Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
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Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
Banks moving at pace on road to recovery
The momentum of positive developments in the Greek banking sector is growing as systemic lenders appear to be leaving behind them, with gradual but steady steps, the legacy issues of the decade-long debt crisis that damaged their balance sheets.
In the latest official data on bad loans on the banks’ balance sheets released by Bank of Greece last week, the stock of NPEs on the banks’ books dropped below 35 billion euros. At the peak, they were edging close to 120 billion euros. The NPE ratio has...
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