Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
NBG's NII rises by 73 pct to 1.64 bln in 9M
Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
Alpha-UniCredit deal marks step change in developments for banking sector
Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
The Greek government is moving ahead swiftly with the execution of its plan to divest from the Greek systemic banks. Since Eurobank bought back a small 1.4 pct stake held by the state, the sale of the stake in Alpha Bank has been completed and the process for divestment from National Bank (NBG) shares has been launched.
After the announcement of the deal between Alpha Bank and UniCredit, which included the Romanian operations and the sale of the insurance branch of the Greek lender, UniCredit also submitted an offer to acquire the Hellenic Financial Stability Fund’s (H...
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