National Bank of Greece (NBG) reported a net loss of 423 million euros in the fourth quarter (Q4) of 2020, compared with a profit of 101 million euros in Q3.
Credit movement in the Greek private sector rose an annual 3.7 percent in February, the same rate as in January, Bank of Greece (BoG) figures showed on Friday.
Net deposit movements in the Greek banking system were positive by 741 million euros in February, compared with outflows of 1.19 billion euros in January, Bank of Greece (BoG) figures revealed on Friday.
The employment balance was positive with 27,233 more hirings than people leaving their jobs in February, data from the Labour Ministry’s Ergani information system showed.
Greece’s travel balance came to 2.4 million euros in January from 54.9 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 97.6 percent year-on-year (YoY).
The Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the fourth quarter (Q4) of the year, unchanged from Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
Alpha Bank reported a net loss of 29.7 million euros for the fourth quarter of 2020 compared to a net profit of 44.3 million euros in Q3.
Parliament’s Budget Office (PBO) published on Tuesday its report for the fourth quarter of 2020, also updating its macro estimates for 2021.
Greece’s current account balance posted a deficit of 435.7 million euros in January compared to 653.8 million euros in December, Bank of Greece data showed.
Titan Cement posted a net income of 1.5 million euros in 2020, down from 50.9 million euros the year before, as it wrote down prospects for the Egyptian market.