Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
Business transformation brings profit of 243 mln euros for Alpha Bank in H1
Lower trading income for NBG keeps net profits at 490 mln in H1
Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1
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
NBG profits narrow to 208 mln in Q1
National Bank of Greece (NBG) reported a profit after tax of 208 million euros from continued operations in Q1 2022, compared to a profit of 583 million euros in the same quarter of 2021, a drop of 64 pct.
Pre-provision income (PPI) stood at 301 million euros, down by 55 pct on the 662 million euros in Q1 2021. Core PPI was 181 million euros, against 171 million last year.
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