NBG profits up to 714 mln in 9M as NPE ratio is reduced further

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

National Bank of Greece (NBG) reported a profit after tax from continuing operations of 714 million euros in the nine months of the year (9M), compared with a profit of 602 million euros in the same period of 2020, improving by 19 pct.

Pre-provision income (PPI) stood at 963 million euros, down by 24 pct on the 1.27 billion euros of 9M 2020. Core PPI was 551 million euros, against 439 million in 9M 2020.

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