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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingEurobank posted a net loss of 523.7 million euros in the fourth quarter (Q4) of 2014 from 186.6... items. In particular, net interest income (NII) was up 4.1 percent QoQ mainly driven by lower... straight quarter. Net interest margin (NIM) rebounded by 7 basis points (bps) to 2.11 percent
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Newsletter 20 - 20/03/2015
that will meet with the Eurogroup’s approval is certain to prove a huge challenge over the next few days. Net... by three of Greece’s four systemic banks show that they posted net losses for the quarter as well... a quarter-on-quarter (QoQ) improvement in net interest income (NII), mainly driven by a further drop
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammenet for vulnerable home owners as a permanent solution. In addition, the ECB suggests that the Greek.... For tackling the humanitarian crisis, the ECB would favour the development of a social safety net..., this safety net could also involve prohibition of auctions targeted at vulnerable households
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyby announcing a net loss of 94.4 million from 207 million in Q1 2014 and 523.7 million in Q4. Note, though... at 463.2 million. However, net interest income (NII) fell 5.4 percent QoQ to 372.8 million on higher ELA... increasing within 2014, the net interest margin (NIM eased to 1.95 percent in Q1 from 2.11 percent in Q4
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingAlpha Bank reported lower quarter on quarter (QoQ) net losses of 115.8 million euros in the first... to lower costs. As expected, net interest income (NII) fell 2.8 percent QoQ to 481.5 million primarily due... net interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same
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Athens Stock Exchange ends week on a low, banks lose 9.7 pct
Economy, Terna Energy posted a sharp rise in net profits to 12.2 million in Q1 from 3.6 million last year also... a much higher increase by 25.8 percent to 29.3 million. GEKTERNA's bottom-line turned to net profits... by 40 percent to 227 million. Ellaktor net losses reached 16.7 million in Q1 from profits of 1.7 million
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammeof other medium- and long-term debt of 5.5 billion 4) Net redemption of T-Bills of 2.3 billion Including... billion. To find out the net financing needs, we should also take into account several other factors... suggested Greece’s net funding needs would reach at 51.9 billion by the end of 2018. However
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Banking system showed deposit inflows for second straight month, at 531 mln in Sept
EconomyMacroeconomydisplayed non-financial corporations posted net inflows of 702 million, while households withdrew a net amount of 199 million. Following the net inflows of around 1 billion in the last two months
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyto 96.59 billion, while the monthly net deductions are the lowest over the past three months. Since... in September with balances reaching 95.09 billion euros. Net deductions slipped to 237 million... in January 2011 and remains in contraction since then with cumulative net deductions of 36.3 billion, while
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Weak banks drag Greek stocks down by 6.5 pct during week
Economymillion. Corporate news Ellaktor posted on November 30 Q3 net losses of 35.6 million euros from profits... results with net profits at 4.5 million euros from 0.8 million a year ago. Sales rose by 43.8 percent to 49.9 million, while EBITDA surged 82.6 percent to 28.5 million. GEK TERNA also reported net losses
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