Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022

EconomyBanking Tags: Banking, Piraeus
Photo by MacroPolis
Photo by MacroPolis

Piraeus Bank posted a net profit of 899 million euros in the full year 2022, from losses of 3 billion euros last year, due to 3.87 billion euros in clean-up impairments in 2021.

In 2022, clean-up impairments stood at 320 million euros.

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