Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheets
BoG sees banks on right path, warns impact of pandemic not visible yet
Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
Eurobank profitability rises in 9M, Mexico securitisation takes NPE ratio to 7.3 pct
NBG profits up to 714 mln in 9M as NPE ratio is reduced further
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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