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NBG NII jumps 73 pct in Q1 to 497 mln
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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
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Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
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Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
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Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
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Lenders confident of being well-placed to overcome global banking sector turbulence
Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
Following weeks of uncertainty and pressure on the banking sector, which climaxed in a big drop in bank share prices on Wednesday, there have been reports of efforts to provide the Greek lenders with assistance.
The Greek authorities along with Bank of Greece, the Hellenic Financial Stability Fund (HFSF) and European institutions are reportedly working on plans to accelerate the reduction of bad loans from the banks’ books by assuming part of the non-performing...
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