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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomyand net revenues which more than offset lower expenditure. Revenues excluding tax refunds rose 6.1... sevenfold to 294 million from just 43 million last year, 195 million above target. As a result, net... 1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget
26% -
Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBankingPiraeus Bank reported a positive bottom-line result for the second straight quarter, with net... quarter. For the 9-month period, the bank posted net profits of 14 million from losses of 621 million a year ago. The quarter on quarter (QoQ) improvement in profitability reflects a rebound in net
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingPiraeus Bank’s third quarter (Q3) figures revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth consecutive quarter where net results have landed on a profit rather than loss. Net results overall
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomy0.9 percent in the previous month, Bank of Greece (BoG) figures showed on Wednesday. The net lending flow turned negative for the first time since February with net deductions standing at 395 million... January, when net deductions reached 885 million. The negative flow in May reflects net deductions
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results reflect a fourth continuous quarter of profitability for the bank. Net results overall came
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingPiraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net results have landed in profit. For 2019, net results showed a profit of 270 million euros versus net
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingEurobank recorded net profits of 29 million euros in the fourth quarter (Q4) of 2018 from 58.8.... The figure for net profits reflects results before discontinued operations and restructuring costs. For the whole year, net profits before discontinued operations and restructuring costs came to 200.5
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingeuros compared to a net profit of 14 million in Q1 2019. The latest results mark a fifth continuous quarter where results have landed on a profit. Net results overall came to a profit of 19 million euros, unchanged from Q1. In the same quarter last year, net results reflected a profit of 24 million
15% -
Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingAlpha Bank reported net profits of 98 million euros for the second quarter (Q2) of 2020 compared to a net loss of 11 million euros in Q1 2020. On an aggregate basis, net profits in the first half (H1..., NII came to 772 million euros, edging down by 0.7 percent YoY. The Net Interest Margin (NIM
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Eurobank net results show loss of 1.08 bln in 9M
EconomyBankingEurobank recorded net results of a loss of 1.08 billion euros in the nine-month period (9M) of 2020 compared to net profits of 94.3 million in 9M 2019. Adjusted net profits came to 348.4 million euros compared to 161.4 million euros in 9M 2019. On a quarterly basis, net income after tax came
15%