Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
NBG reports 652 mln profit in 9M, core PPI up 14 pct
Business transformation paying off as Eurobank records 932.3 mln profit in 9M
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
Business transformation brings profit of 243 mln euros for Alpha Bank in H1
National Bank follows other Greek lenders' by opting for capital increase
As had been rumoured, National Bank of Greece’s board (NBG) decided on April 16 to call an Extraordinary General Meeting for May 10 to approve a capital increase of up to 2.5 billion euros.
NBG was the only Greek bank initially stressing on March 6 – the day Bank of Greece (BoG) disclosed Greek banks’ capital needs - that its capital plan “will address the capital needs without raising new equity capital”.
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