NBG profits narrow to 208 mln in Q1
Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
Helped by trading gains, Eurobank posts 305 mln in Q1 profits
Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
Loans managed by servicers rise by 7.54 bln in Q4 2021, nearing 80 bln
NBG reports profits of 833 mln in 2021
Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
Piraeus Bank announced on Tuesday that it has reached a final agreement with Davidson Kempner for the sale of a shipping NPE portfolio with a gross book value of 400 million euros.
The bank noted that the agreement will be 53 pct of the portfolio’s gross book value.
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