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Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
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Net interest income and fees push Piraeus Bank profits to 617 mln in H1
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Alpha Bank Q1 NII rises by 5.3 pct, commission income soars by 29 pct
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NBG reports profits of 344 mln in Q1, NII at 541 mln
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Eurobank net profit rose to 331 mln in Q1, commission income jumps 20 pct YoY
Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
The recent publication of financial statements for the first quarter of 2014 by Greece's bank rescue fund, the Hellenic Financial Stability Fund (HFSF), revealed a profit of 1.45 billion euros for the period in question. However, the value of HFSF's shareholdings in Greece's core lenders has dropped dramatically.
The amount reported HFSF's Q1 financial statements is attributed to accounting gains (unrealized capital gains) of 1.43 billion from bank holdings and warrants.
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