NBG profits narrow to 208 mln in Q1

EconomyBanking Tags: Banking, NBG, NPLs
Photo by MacroPolis
Photo by MacroPolis

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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