Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Yields rise, but Greek debt still partly shielded from market headwinds
ATHEX net profits down 54 percent in Q1 2016
The Hellenic Exchanges-Athens Stock Exchange (ATHEX) released its financial results for Q1 2016 after close of business on Monday, showing that the consolidated net after tax profits of the group came to 1.9 million euros compared to 4.1 million euros in Q1 2015, a reduction of 54 percent.
The results mirror the group’s annual results for 2015, where Greece’s dramatic year manifested in investor unease that caused a 57 percent drop in net consolidated profits compared to 2014.
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