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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
Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank of Greece (BoG) revealed.
Specifically, write-offs in the Greek market reached a record high of 2.54 billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous high of 1.76 billion was recorded in 2014.
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