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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingAlpha Bank reported a net profit of 41 million euros in the third quarter (Q3) of the year... million noted in the second quarter of the year. On an aggregate basis, net profits for the first...) to 240 million, stemming from falls in both net commission income and net interest income. Year
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October current account deficit at 871.3 mln as goods balance worsens
EconomyMacroeconomy’ net external assets showed no notable change in October under direct investments. Portfolio investment showed a net increase in residents’ external assets which was driven by a rise of 1.1 billion euros in holdings of foreign bonds and T-bills. A net decrease in external liabilities for the month
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November current account deficit at 1.41 bln as import value outstrips exports
EconomyMacroeconomya rise of 10.2 percent also to stand at 1.92 billion. Financial account Residents’ net external... Centre of Athens Hygeia SA. Portfolio investment showed a net increase in residents’ external assets which was driven by a rise of 1.1 billion euros in holdings of foreign bonds and T-bills. A net
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomy’ net external assets showed a fall of 26 million euros. The most notable transaction reported.... Portfolio investment showed a net decrease in residents’ external assets which was driven by a fall of 548 million in the holdings of foreign bonds and T-bills. A net increase in external
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Talks to begin on plan to rescue PPC from dire financial straits
Economyin the first quarter of the year, with the company posting net losses of 205.1 million from 12.6 million... meters. PPC’s net debt in the first quarter stood at 3.63 billion euros. Rescue plan... categories of customer. McKinsey compared the net debt versus operational earnings of several similar
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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyto 160.33 billion from 161.24 billion in the previous month. The net lending flow turned negative... lending balance's net monthly flow also turned negative with outflows of 437 euros in July compared... the balance to 68.70 billion. Credit to insurance corporations showed a net monthly inflow of 38 million
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Current account balance shows surplus of 1.28 bln in July
EconomyMacroeconomypercent to 1.61 billion. Financial account Residents’ net external liabilities showed an increase of 170... investment showed a net decrease in residents' external assets due to a drop of 1 billion in residents' holdings of foreign bonds and T-bills. A net decrease in residents’ liabilities is mainly attributable
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Credit contraction stays at 0.1 pct in August, balance at 159.90 bln
EconomyMacroeconomybillion from 160.33 billion in the previous month. The net lending flow remained negative for a second.... The corporate lending balance's net monthly flow also stayed negative with outflows of 189 euros in August... month’s reading took the balance to 68.57 billion. Credit to insurance corporations showed a net
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Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln
EconomyMacroeconomybillion from 154.19 billion in the previous month. The net lending flow turned negative by 807 million euros compared to inflows of 260 million euros in December. The corporate lending balance's net... billion. Credit to insurance corporations showed a net monthly outflow of 127 million euros, which took
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Newsletter 241 - 28/02/2020
cost of credit risk. This cost consequently restricts the net profit margin of banks.” The bank went... for the month Total deposits fell by 2.01 billion to come to 157.15 billion. Net deposit movements... in the previous month. The net lending flow turned negative by 807 million euros compared to inflows of 260
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