Economy
Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
Piraeus Bank’s third quarter (Q3) results showed that net profits from continued operations came to 94 million euros, picking up from profits of 24 million in the previous quarter.
Retail turnover increases by 4.9 pct in September, volume rises 3.3 pct
Greece’s retail sales index increased by 4.9 percent in September after an upward revision to 5.2 percent for August, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln
The month-on-month rise in Greece's new tax debt came to 1.42 billion in September, jumping from August’s increase of 849 million, data from the Independent Authority of Public Revenues (IAPR) showed on Thursday.
NBG net profits decline to 8 mln in Q3, NPLs continue to fall
National Bank of Greece (NBG) reported a net profit of 8 million euros from continued operations in the third quarter (Q3), declining from the figure of 21 million posted in Q2.
GEK Terna’s 9M sales rise by 17.6 pct but net profits fall
Greek construction and energy group GEK Terna’s results for the first nine months (9M) of the year showed that group sales rose by 17.6 percent.
Terna Energy net profits reach 27.9 mln in 9M
Renewable energy company, Terna Energy’s nine-month (9M) results show that sales were largely unchanged year-on-year (YoY) and came to 208.5 million.
Lamda Development net results show 26.6 million profit in 9M period
Property developer Lamda Development has reported a 39.9 percent rise in turnover in the first nine months (9M) of 2018.
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
Alpha Bank reported a net profit of 41 million euros in the third quarter (Q3) of the year, attributable entirely to profits originating from continued operations.
ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
Greece’s economic sentiment (ESI) rose by 0.8 points to 101.8 in November from 101 in October, European Commission (EC) figures revealed on Thursday.
October deposit inflows turn negative by 345.5 mln for first time since January
Net deposit movement in the Greek banking system turned negative in October with outflows of 345.5 million euros, after inflows of 101.1 million seen in September, Bank of Greece (BoG) figures revealed on Wednesday.