NBG records net profits of 73 mln in Q4, turns profitable for whole year

EconomyBanking Tags: Banking, NBG, NPLs, Results
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

National Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net profits of 73 million euros from 6 million in the previous quarter.

The lender’s Q4 results include a one-off gain of 150 million euros related to the sale of Astir Vouliagmenis.

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