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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingEurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss..., the bank posted net loss of 1.18 billion euros from 1.22 billion in 2014. Pre-provision income (PPI... performance, with net interest income (NII) improving 4.3 percent QoQ to 375.3 million. The NII growth mainly
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyin net sea transport receipts by almost 40 percent. Travel receipts grew by 8.3 percent to 220.6.... The nosedive in the services’ surplus by around 44 percent is primarily due to a drop in net transport... reflects lower net interest, dividend, profit and wages payments. Financial account The financial
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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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Credit contraction at 0.8 pct in January as household, corporate lending falls
EconomyMacroeconomyin the outstanding balance falling to 182.83 billion euros from December’s figure of 183.97 billion euros. The net... million in the corporate lending sector as well as net deductions of 201 million in the household... the balance to stand at 81.43 billion. In addition, credit to insurance corporations showed a net monthly
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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturesthat net profits had fallen by 47.9 percent in 2017, coming to 88.7 million euros against last year’s... inconsistently in the last decade, making a net loss in four out of those years, which ranged between 308.9 million and 102.5 million euros. Net profits in the last decade have ranged between 693.3 million
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Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
EconomyMacroeconomysince January 2007 that the balance has dipped below 180 billion euros. The net lending flow dipped... showed a net monthly outflow of 278 million, bringing the balance to 6.53 billion euros. Loans to sole proprietors showed a net increase of 5.8 million euros compared to a net decrease of 12.4 million
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Newsletter 164 -01/06/2018
that the balance has dipped below 180 billion euros. The net lending flow dipped substantially back... million with the balance coming to 80.12 billion. Credit to insurance corporations showed a net monthly... a net increase of 5.8 million euros compared to a net decrease of 12.4 million euros in March
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September current account surplus at 550.8 mln as goods deficit increases
EconomyMacroeconomythat the worsening goods balance was due to a net higher oil import bill. The non-oil deficit also... of 9 percent also to stand at 1.58 billion. Financial account Residents’ net external assets showed no notable change in September under direct investments. Portfolio investment showed a net increase
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Credit contraction remains at 0.6 pct in March, balance at 165.02 bln
EconomyMacroeconomythe 180-billion-euro mark for 12 consecutive months. The net lending flow stayed positive for a second.... In addition, the corporate lending balance was also positive for a second month, with net inflows of 373... from an increase of 601 million in February. Credit to insurance corporations showed a net monthly
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