NBG NII jumps 73 pct in Q1 to 497 mln
Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
Lenders confident of being well-placed to overcome global banking sector turbulence
Following last week’s turbulence in the global banking sector after the collapse of two banks in the US and trouble at Credit Suisse, the entire banking system, led by Bank of Greece governor Yiannis Stournaras tried to ensure that there is not a shred of doubt about the resilience of the Greek banking system.
Stournaras went as far as suggesting that ‘Greece is not Switzerland’, with the country having paid a heavy price and taken on in excess of 40 billion euros in debt from European lenders to shore up its banking sector during the debt crisis, which clima...
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