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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
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NBG's NII rises by 73 pct to 1.64 bln in 9M
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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
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Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
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Alpha-UniCredit deal marks step change in developments for banking sector
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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