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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
APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs

Greece’s much-anticipated Asset Protection Scheme (APS), nicknamed Hercules, that aims to help banks clean up their balance sheets is a few steps away from coming into effect after the Finance Ministry submitted the draft law to Parliament on Tuesday under the emergency procedure.
Approximately a year ago, share prices of Greek banks went through a period of turbulence that saw the value of the banking index in the Athens Stock Exchange essentially halve within a handful of months. Investors were alarmed by the domestic lenders’ ...
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