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Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
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NBG's NII rises by 73 pct to 1.64 bln in 9M
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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
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Alpha Bank NII jumps by 46 pct YoY in 9M, reaching 1.34 bln
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Alpha-UniCredit deal marks step change in developments for banking sector
Value of HFSF participation in Greek banks falls to 17 billion
The publication of the Hellenic Financial Stability Fund (HFSF) interim financial report for the first half (H1) of 2014 showed a loss of 3.51 billion entirely due to accounting loss (unrealized capital loss) of 3.5 billion stemming from its bank holdings and warrants.
The outcome for the 6-month period reflects a loss of 4.96 billion euros in Q2 more than offsetting the profit of 1.45 billion posted in Q1.
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