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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
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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
Banks gear up for stress tests, with results due in May
A clearer picture of the stress tests for Greek banks emerged over the past few days as the various stages and dates involved in the process were finalised.
The aim of the process is for the ECB’s Supervisory Board to meet to discuss and rubberstamp the results of the exercise in May, leaving Greece’s lenders with a complete picture regarding the need to cover any, if at all, capital requirements.
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