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Piraeus Bank reports solid profits of 890 mln in 9M
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Alpha Bank profitability stays strong in 9M with 8.4% YoY rise
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Eurobank reports solid rise in profitability of 12.4% YoY in 9M
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Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
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Net interest income and fees push Piraeus Bank profits to 617 mln in H1
BoG governor renews calls for launch of bad bank and ESM use
Last week, Eurobank submitted the final arm of its securitisation, Cairo III, to the Hercules scheme.
Other banks had been planning to submit portfolios to Hercules when it was launched, but those plans now look likely to be put on hold due to the coronavirus. So far, Eurobank remains the sole Greek systemic bank to have taken up the scheme.
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