-
NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln -
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses -
Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct -
Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln -
Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln -
Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
Eurobank recorded net profits of 38.3 million euros in the fourth quarter (Q4) of 2016 from 85.4 million in the previous quarter, which included a one-off gain of 55 million from the disposal of its insurance unit, Eurolife ERB.
For the whole year, Eurobank turned profitable for the first time since 2010. Its net profits reached 230.1 million in 2016 from losses of 1.18 billion a year ago, mostly due to huge loan loss provisions of 2.64 billion.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€500.00