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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019

EconomyBanking 31/03/2020 - 10:00

Piraeus 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

59%
Newsletter 7 - 12/12/2014

Newsletters 12/12/2014 - 14:55

from the HFSF’s coverage of the funding gap of 12 banks (net value of assets minus liabilities... that cumulative collections stand at just 277 million so far. Those banks (six commercial and six.... The markets, whose opinion Samaras had put stock in several months earlier, immediately voiced

59%
Greece's key pledges and requests at the Eurogroup meetings

PoliticsGreek Politics 18/02/2015 - 11:29

reasonable assumptions, to put the debt trajectory on a downward path. We invite the IMF to work with us... agreement that during this period the Greek state will be funded under a minimalist menu that solves

57%
Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln

EconomyMacroeconomy 15/01/2019 - 11:19

billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... a year ago showed a deficit of 2.71 billion euros. In December, the monthly net revenues totalled..., meaning that the final figure missed the target by 1.13 billion. As mentioned, net revenues amounted

56%
Amid risk of 2015 re-run, Greece searching for deal with lenders

PoliticsGreek Politics 13/04/2016 - 16:01

on and no agreement being reached in the build-up to the British referendum. Athens fears that everything will be put... that the negotiators parted on bad terms, with European Stability Mechanism managing director Klaus Regling

53%
Piraeus Bank posts net profit of 185 mln in 2018

EconomyBanking 01/04/2019 - 09:00

Piraeus Bank’s fourth quarter (Q4) results showed that net profits from continued operations came... reflected net profits of 185 million euros compared to a net loss of 9 million euros in 2017. Pre... 2017. Net interest income (NII) rose by 2 percent quarter-on-quarter (QoQ) and came to 355 million

52%
Eurobank net profits at 6 mln in Q2 amid increasing securitisations

EconomyBanking 02/09/2019 - 12:30

Eurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net.... On an aggregate basis, net profits in the first half (H1) came to 25.7 million euros, down by 27.8... and discontinued operations of 4 million. Net results before discontinued operations

52%
Newsletter 263 -11/09/2020

Newsletters 11/09/2020 - 09:42

hoped to preserve prices for valuations. According to eauctions.gr, around 320 properties were put up... (including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... the pandemic and posted a net profit of 465 million euros from continued operations in H1, compared

51%
NBG results show net profits of 18 mln in Q4 and 484 mln in 2019

EconomyBanking 01/04/2020 - 12:07

National Bank of Greece (NBG) reported a net profit of 18 million euros from continued operations.... On an aggregate basis, net profits from continued operations for 2019 stood at 484 million euros, rising... submission timelines would be put into place and NPE reduction plan realisations would become more flexible

49%
The wit and will of men

Agora 24/05/2017 - 10:41

some clarity about what interventions will be made in the coming years so the country’s debt is put... of them could be put at risk by further procrastination over the debt issue. Wrong turn If events take... to be put on hold. Athens saw these two developments as vital to its ultimate goal of lowering

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