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Alpha Bank's net profit at 517 mln in H1, commissions jump to 229.1 mln
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
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Deposits slide by 795 mln in Apr, dropping to 198.37 bln
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Eurobank net profits at 314.1 mln in Q1, commission income at 169.2 mln
Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
Following meetings held with the Single Supervisory Mechanism (SSM) of the ECB in Frankfurt on Wednesday and Thursday, media reports indicate that Greek bankers appear more optimistic on the final outcome of the ongoing assessment noting that capital needs could be manageable.
The comprehensive assessment includes an Asset Quality Review (AQR) and a stress test under a baseline and an adverse scenario. Until now, very few details have been leaked and they mainly relate to the macro assumptions of the baseline scenario. These ...
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