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Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M
EconomyBankingEurobank posted a net profit of 1.13 billion euros in 9M, compared to 980.1 million euros in the same period of 2023. Adjusted net profit was 1.14 billion euros in 9M 2024, compared to a profit..., up by roughly 3.5 percentage points annually. P&L Net interest income in 9M increased by 14.3 percent
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Piraeus reports 1.24 bln euros profit for 2024, commissions income at 636 mln
EconomyBankingPiraeus Bank posted a net profit after tax of 1.24 billion euros in 2024, from 1.05 billion euros in 2023. Net profit from continuing operations attributable to shareholders was 1.07 billion euros in 2024, compared to 788 million euros in 2023. P&L Net interest income (NII) came to 2.09 billion
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Eurobank reports 1.45 bln profit in 2024, commission income up by 22.4 pct
EconomyBankingEurobank posted a net profit of 1.45 billion euros in 2024, compared to 1.14 billion euros in 2023, up 27.1 percent. Adjusted net profit was 1.48 billion euros in 2024, compared to a profit of 1.26... year-on-year (YoY) in 2024 to 2.1 billion euros, from 1.82 billion euros in 2023. P&L Net interest
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomyto higher net interest payments on the EFSF and IMF loans. Despite a rise in the services’ surplus... from higher net payments for purchases of ships and - to a lesser extent – higher net oil import bill...-resident’s direct investment in Greece showed a net inflow of 100 million in February and 55.4 million
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Greek central government debt rises to 322.4 bln in Q2
Economyon Monday. The quarterly evolution reflects net redemptions of long-term bonds issued domestically (6.32 billion) more than offset by a net increase in Financial Support Mechanism (FSM) loans (by 7.85... redemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans
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Greek deposits up 0.6 pct to 164.23 bln in August, which sees year's highest inflows
EconomyMacroeconomyfrom 0.5 percent in July. After marginal outflows in July, the monthly net flow turned positive in August with inflows at 892 million euros, which is the highest monthly reading in 2014. August net... displayed a positive flow within the same month. Following August net additions, the year to date
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingAlpha Bank reported on Tuesday a nine-month (9M) net profit of 110.3 million euros from 3.13... in Q2. The QoQ improvement mainly reflects increased net interest income (NII). Higher NII, up 2.3... the previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan
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Income inequality in Greece has grown during crisis, OECD report shows
Societythe average household lost over 8 percent of its real net income annually, well above Spain, Ireland... hold. Reflecting this fall income and the lack of a social net, the crisis period also saw a marked... similar to that for jobless households (based on their net income). It says a possible reason
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Even week for Greek stocks but trading thins out
Economy-quarter (Q2) financial results on that day. Aegean Airlines’s net profit came in at 23.1 million... financial expenses resulted in net losses of 20.2 million from 36.6 million last year. Terna Energy posted net losses of 0.9 million in Q2 from 1.2 million last year with turnover rising by a double-digit
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economyin investments by an estimated 12 percent, while the net job increase reinforces expectations that unemployment... contributed to financial stability. Net general government (gg) debt is estimated to significantly... of GDP. However, from 2017 onwards, S&P forecasts notable decrease in net gg debt to GDP subject
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