Search
-
Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomy. This entails a total value for 100 percent of ADMIE at 1.33 billion. PPC held an extraordinary... of a 51 percent stake in ADMIE to that company, the reduction of PPC share capital and a capital return... estimated value stands at 491.84 million euros and this amount would constitute the share capital
13% -
PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomywith collateral of a total amount of 300 million euros.” The collateral will include, among others... to that company, the reduction of PPC’s share capital and a capital return in kind to its shareholders (carve... to the holding company stands at 491.84 million euros and this amount would constitute the share capital
13% -
Stocks up by 4.7 pct, rising for third straight week
Economyshare capital surpassed the 5-percent threshold and stood at 5.023 percent. Folli-Follie Group (FFG) announced that its BoD chairman Dimitris Koutsolioutsos sold 1.15 million shares (172 percent of total... of capital controls on Thursday, recording the longest positive streak (13 gaining sessions in a row
13% -
Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingand the issuance of Tier II bonds, in favour of the Greek state, which count in the total regulatory capital... by 0.5 percent QoQ to 66.8 million, driven by fees from lending, network, capital markets and mutual...-to-date basis. Capital The phased-in Common Equity Tier 1 (CET1) ratio edged down to 15.1 percent in Q3
13% -
IFRS 9 provisions required by banks in line with expectations
EconomyBankingfor NBG. The total impact on capital adequacy is seen at 230 bps for Alpha, 290 bps for Eurobank, while... for any, if at all, capital injections. The process for Greek banks had to be accelerated to ensure... of required provisions in the first three years. As such, the immediate capital impact for Greek lenders
13% -
Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyshowed that the total number fell by 8.9 percent to 3.7 million in Q2 2018 compared to Q4 2017... such as the restriction on capital flows after the capital controls of 2015, and external factors... and privatisations should be emphasised to drive job creation and generate sustainable fixed capital
13% -
NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingpercent in Q1) and 74 percent at the group level. The total Greek loan yield fell slightly to 368... of 6 percent of the principal amount, which they said represents the most capital accretive... November 2017, assisted by capital actions. The current amount consists solely of targeted longer-term
13% -
Economic diversification vital to Greece's post-coronavirus future
Agorato be a valuable export industry at 4.3 per cent of total exports (EUR 1.4bn) in 2018, yet it should not go..., corporate capital expenditure, and consumer discretionary spending globally. With tourists stuck at home... beyond the local markets” explains Spyros Martsekis, Managing Partner of Ionian Capital, which advises
13% -
NBG posts 557 mln profit in Q1
EconomyBanking), compared with 31 bps in the same quarter of 2020. Capital The CET1 ratio stands at 16.1 percent, a 40 bps QoQ improvement that reflected improved profitability. The total capital ratio reached 17.1..., the Frontier securitisation and Ethniki Insurance sale will boost the capital ratio by about 170 bps
13% -
NBG increases profits in H1 as it progresses with NPE clean up
EconomyBankingof 2020. Capital The CET1 ratio stands at 16 percent, a 30 bps improvement from the end of 2020 that reflected improved profitability. The total capital ratio reached 17 percent, exceeding... and Ethniki Insurance sale will boost the capital ratio by about 170 bps to 18.8 percent.
13%