Eurobank remains profitable with net profits of 46.2 mln in Q2

EconomyBanking Tags: Banking, Eurobank
Photo by MacroPolis
Photo by MacroPolis

Eurobank remained profitable for the second straight quarter, albeit with lower net profits of 46.2 million in the second quarter (Q2) of 2016 from 60.2 million in the previous quarter.

Results include one off gains related to the Visa transaction and sale of EFSF bonds and the negative impact from extraordinary provisions involving one large corporate of the retail sector (Marinopoulos).

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