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
Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
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
NBG reports profits of 833 mln in 2021
National Bank of Greece (NBG) reported a profit after tax of 833 million euros from continued operations in 2021, compared to a profit of 590 million euros in 2020, improving by 41 pct.
Pre-provision income (PPI) stood at 1.12 billion euros, down by 34 pct on the 1.71 billion euros in 2020. Core PPI was 715 million euros, against 607 million in 2020.
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