Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
NBG reports 652 mln profit in 9M, core PPI up 14 pct
Business transformation paying off as Eurobank records 932.3 mln profit in 9M
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
Business transformation brings profit of 243 mln euros for Alpha Bank in H1
National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
National Bank’s reported net profit reached 1.15 billion euros in the first half (H1) of the year, from 343 million last year. It was the second Greek bank after Alpha, which released Q1 results on August 28.
This year’s results include one-off items of 1.04 billion euros largely due to the recognition of additional deferred tax asset (DTA) of 994 million. Excluding one-offs, net profit landed at 109 million in H1 from 311 last year, down 65 percent.
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