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Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
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Loans managed by servicers rise by 7.54 bln in Q4 2021, nearing 80 bln
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NBG reports profits of 833 mln in 2021
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Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
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Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
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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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