Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln

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Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln

EconomyBanking 14/11/2022 - 10:27 Tags: Banking, Piraeus

Piraeus Bank posted a net profit of 729 million euros in the nine months (9M) of 2022, from losses of 3.09 billion euros last year, due to 3.75 billion euros in clean-up impairments in 9M 2021.

In 9M 2022, clean-up impairments stood at 287 million euros

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