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Newsletter 417 - 22/03/2024
by the Interior Ministry, a Greek prosecutor and the country's data protection authority, while several... the upcoming European Parliament elections, and the resignations of a senior Interior Ministry official... that the email list was leaked from the Interior Ministry during the tenure of the caretaker government
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PM makes limited, cautious changes to cabinet after election disappointment
PoliticsGreek Politicsat ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new agriculture minister. Niki Kerameus is being moved from the Interior Ministry to the Labour Ministry
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Newsletter 428 - 21/06/2024
: Development, Migration, Interior, Labour and Agricultural Development. The new head of the Development Ministry is Takis Theodorikakos, who has previously served as Interior Minister. Kostas Tsiaras... is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economypercent quarter on quarter (QoQ) to 423 million. Fee income also fell 2 percent QoQ, yet the considerable... rates. In contrast to NNI, fee income fell 5.4 percent QoQ to 72.4 million mainly weighed by increased... banks posted lower deposit, but higher ELA, costs in Q2 coupled with a drop in fee income. Core pre
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Greek banks on cusp of improved liquidity conditions
Agoraposition and boosting their net interest income (NII) and fee income as well as enhancing..., they also bear a fee expense (paid to the state) of 1.15 percent on the nominal bond value. Thus... for April rates), banks could see lower funding costs of 27 million euros in their NII and fee income
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingreduction. The Net Interest Margin (NIM) edged up to 2.5 percent from 2.4 percent in Q3. Net fee... banking activities recorded in Q3. Across 2019, net fee and commission income stood at 340.1 million... management and bancassurance, increased fee generation from loan originations and restructurings
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingratio came to 81 percent. Net fee and commission income (NFI) in Q1 was 71 million compared to 91... management fee paid to the NPE servicer. Excluding the fee, operating expenses are down 16 percent QoQ
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingpercent. In Q3 2020, net fee and commission income came to 84.8 million, up by 9.5 percent QoQ... of an increased volume of bond loan issuances. In 9M, net fee and commission income amounted to 251.5 million, equal to a yearly increase of 1.8 percent, supported by higher revenues from cards, increased fee
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBanking) dropped 0.2 percentage points QoQ to 2.1 percent. In Q2 2021, net fee and commission income increased... bancassurance, which was mostly attributable to an extraordinary fee 10 million euros related... transaction volumes, asset management, as well as commissions related to bond issuance. In H1, net fee
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New Year reshuffle brings more MPs into cabinet, keeps key ministers in post
PoliticsGreek Politicsthe deputy agriculture minister. Interior Minister Takis Thedorikakos has also been left out of the new... Petsas has been appointed Alternate Interior Minister, to be replaced by Christos Tarantilis... to the right” and “a party-political balancing act”. The elevation to the Interior Ministry of Makis Voridis
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