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National Bank posts 9-month profits of 1.18 bln
EconomyBankingNational Bank (NBG) posted nine-month (9M) net profits of 1.18 billion euros, from 262 million last... (DTA) in the second quarter (Q2). Excluding one-offs for both periods, net profits stood at 220 million from losses of 178 million last year. In addition, comparable quarterly net profits landed at 91
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Monthly credit flow turns positive in Feb for first time since June 2012
EconomyMacroeconomy2011. Monthly flow turned slightly positive for the first time since June 2012 recording net additions... percent year to date to 102.85 billion euros in February, with net additions totalling 762 million.... Balances slipped to 13.6 billion with monthly net deductions increasing to 57 million from just 3 million
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammedetails a series of reforms that are expected to have a minimum net fiscal impact of 3.54 billion (1.9 percent of GDP). This stems from net fiscal revenues of 4.68 billion (2.6 percent of GDP) and net... outcome, the MoF expects the net fiscal impact could reach 4.96 billion (2.7 percent of GDP) fully
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Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBanking, which is slightly lower than that recorded in Q2 (293.9 million) and Q1 (296 million). Net interest.... As a result, Alpha recorded a net loss of 1.14 billion euros in Q2 from 116 million in Q1, yet the bottom-line result for Q3 was positive with a net profit of 413.6 million, due to the much lower loan
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Newsletter 110 - 10/03/2017
, with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani... in February. The aggregate figures for the two-month period showed net departures of 4,879 this year compared to net hirings of 4,483 in the corresponding period last year. The negative employment
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economyin the previous week. Corporate news Hellenic Exchanges net profits slumped 76.5 percent to 0.4 million... reduced by 77 percent to 0.6 million. Grivalia Properties net profits grew by 10 percent to 11.7 million... Q1 results showed net losses worsened by 67 percent to 35.8 million, while revenues rose by 3
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Newsletter 121 - 02/06/2017
to 600 million euros. When deducting the corresponding VAT, the net proceeds for Greece’s... April 2011. More importantly, the net lending flow stayed positive for the second straight month... reading since June 2012, when net additions stood at 853 million. The positive flow in April
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Newsletter 129 - 28/07/2017
, the net lending flow remained negative for the second month in a row, albeit net deductions fell to 205.8 million in June from 395.1 million in the previous month. The negative flow in June reflects net.... Overall, net deductions stood at 620.8 million in the first half of the year, down by 36.6 percent from
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Newsletter 133
target of 1.32 billion euros. Overall, net revenues totalled 30.24 bllion in the eight-month period... billion in July. Net lending flow showed net deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow in August comes as a result of net deductions of 150.4 and 134.1
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Credit contraction remains at 0.9 pct in December
EconomyMacroeconomybalance falling to 183.97 billion euros from November’s figure of 184.96 billion euros. The net... originate from net deductions of 138 million in the household lending sector, which was countered... to stand at 82.11 billion euros. Credit to insurance corporations also turned positive with a monthly net
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