Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1

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

Eurobank posted an adjusted net income of 759.7 million euros in the first half of 2022 (H1), compared to a profit of 195.1 million euros last year.

Core pre-provision income (PPI) rose by 13.5 percent year-on-year (YoY) in H1 to 505.6 million euros, with 125.8 million euros of loan loss provisions booked in H1, compared with 224.3 million last year.

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