Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets

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

Eurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter.

Q3 bottom-line results include a one-off gain of 55 million from the disposal of its insurance unit, Eurolife ERB.

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