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Credit growth in July slows to 1.2 pct; monthly outflow of 532 mln
EconomyMacroeconomypercent in June, Bank of Greece (BoG) figures showed on Thursday. The net lending flow was negative, with a 532 million-euro net decrease in lending compared with an increase of 517 million euros.... The corporate lending balance's net monthly flow was negative with a 341 million-euro decrease in lending
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1... by 9.6 pps YoY to 71.5 percent in Q1. P&L Net interest income in Q1 increased by 1.4 percent YoY and stood at 339.4 million euros. Net fee and commission income rose by 24.7 percent YoY to 123 million
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBankingAlpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021. In the last quarter of 2021, the net loss was 408.1 million... euros last year. NII also dropped QoQ in Q1 by 5 percent, from 298 million euros in Q4. The net
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Assisted by trading gains and cleaner balance sheet, Eurobank books 760 mln profit in H1
EconomyBankingEurobank posted an adjusted net income of 759.7 million euros in the first half of 2022 (H1... by close to 10 pps YoY to 71.5 percent in H1. P&L Net interest income in Q1 increased by 4.5 percent YoY and stood at 700 million euros. Net fee and commission income rose by 22.4 percent YoY to 255.7
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Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
EconomyBankingPiraeus Bank posted a net profit of 614 million euros in the first Half (H1) of 2022, from losses... euros in H1 2021. Net interest income (NII) came to 591 million euros in H1, versus 772 million euros last year. Net fee income increased to 237 million euros from 195 million last year, while trading
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Business transformation paying off as Eurobank records 932.3 mln profit in 9M
EconomyBankingEurobank posted an adjusted net income of 932.3 million euros in the nine months of 2022 (9M... at 72.7 percent. P&L Net interest income in 9M increased by 8.1 percent YoY and stood at 1.08 billion euros. Net fee and commission income rose by 21.1 percent YoY to 394.7 million euros. Other income
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Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
EconomyBankingPiraeus Bank posted a net profit of 788 million euros in 2023, with Q4 2023 profit at 211 million..., unchanged from fiscal year 2022. P&L Net interest income (NII) came to 2 billion euros in 2023, while net fee income was 547 million euros. Net trading income was 63 million euros. Total operating
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankingPiraeus Bank posted a net profit after tax of 612 million euros in H1 2024, from 442 million euros in H1 last year. Net profit attributable to shareholders was 563 million euros in H1, compared... half in H1 to 0.5 percent, down from 1 percent a year ago. P&L Net interest income (NII) came to 1.05
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Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
EconomyBankingEurobank posted a net profit of 721.3 million euros in H1, compared to 684 million euros in the same period of 2023. Adjusted net profit was 731.6 million euros in H1 2024, compared to a profit..., while NPE coverage was 93.2 percent, up by roughly 20 percentage points annually. P&L Net interest
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Piraeus NII at 1.58 bln in 9M, commission income at 480 mln
EconomyBankingPiraeus Bank posted a net profit after tax of 932 million euros in 9M 2024, from 721 million euros up to September last year. Net profit from continuing operations attributable to shareholders... a year ago. P&L Net interest income (NII) came to 1.58 billion euros in 9M, while net fee income
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