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Piraeus Bank reports solid profits of 890 mln in 9M
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Alpha Bank profitability stays strong in 9M with 8.4% YoY rise
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Eurobank reports solid rise in profitability of 12.4% YoY in 9M
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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
Greece's ongoing divestment from banking sector creates new lender, stirs controversy
The deal for the merger between Attica Bank and Pancreta raised more questions than the Greek authorities would have anticipated regarding what was presented as one of the final steps for the state to reduce its participation.
Attica Bank was the last bank in which the Greek state had a majority shareholding via the Hellenic Financial Stability Fund, with a stake that exceeded 72 pct as the Greek government executed its divestment strategy.
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