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Deposits slide by 795 mln in Apr, dropping to 198.37 bln
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Eurobank net profits at 314.1 mln in Q1, commission income at 169.2 mln
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Alpha reports 223 mln profit in Q1, commission income up 11 pct YoY
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
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Alpha Bank's 2024 profits at 654 mln, commision income at 420 mln
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
Alpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1 million in the previous quarter.
Core pre-provision profit (PPI) rebounded by 1.2 percent quarter-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following the seasonally high figure in Q4, while core income (net interest income - NII and fees) fell.
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