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
Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
Following Eurobank, Alpha also reported net loss of 533.1 million euros in the fourth quarter (Q4) of 2015 from profit of 413.6 million in Q3.
The latter fully reflected a one-off positive impact for the change in the nominal tax rate (from 26 to 29 percent) on deferred tax asset (DTA). For the whole of 2015, Alpha recorded net loss of 1.37 billion euros from 329.8 million in 2014.
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