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Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
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Net interest income and fees push Piraeus Bank profits to 617 mln in H1
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Alpha Bank Q1 NII rises by 5.3 pct, commission income soars by 29 pct
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NBG reports profits of 344 mln in Q1, NII at 541 mln
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Eurobank net profit rose to 331 mln in Q1, commission income jumps 20 pct YoY
NBG turns profitable in Q3, NPE stock drops further by 1 billion
National Bank of Greece (NBG) turned profitable again in the third quarter (Q3) of 2016 with a positive bottom-line result of 16 million from losses of 3.06 billion in Q2, which fully reflected a one-off loss of 3.1 billion related to the recycling of Finansbank’s losses that were previously recognised in other comprehensive income.
Similarly to the other two banks (Eurobank and Piraeus) that have released Q3 results so far, the key focus of this reporting period was on the asset quality evolution.
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