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
Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
Piraeus Bank posted a loss of 3.01 billion euros in 2021 due to impairments related to Covid-19 and the NPE clean-up in the form of loan securitisations and sales.
Excluding one-off items, the pre-tax result was 665 million euros in 2021, from 312 million euros in 2020.
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