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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBanking, while 0.3 billion stem from the coverage increase. The non-performing loan (NPL) ratio edged up.... The NPL formation more than halved to 214 million in Q4 from 520 million in Q3. At the same time, the NPL coverage ratio was further upped to 69 percent in Q4 from 67 percent in Q3 and remains
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingthe asset quality, with the non-performing loan (NPL) formation markedly reduced to 80 million in Q4... portfolios. In contrast, business loan NPL formation rose to 222 million in Q4 from 174 million in Q3 largely due to a large ticket of 140 million in Q4. NPLs As a result, the NPL ratio fell to 39.5
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBanking. Bad loans On the asset quality front, Piraeus reported a negative non-performing loan (NPL) formation... for the third successive quarter. Specifically, NPL formation stood at -207 million in Q2 and also... NPL formation of 245 million. The breakdown showed all lending segments had a negative contribution
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Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
EconomyBanking-performing loan (NPL) formation for the third successive quarter with Q3 figure at -335 million euros...) and to a lesser extent to mortgages (-41 million), while consumer credit posted a slightly positive NPL formation of 5 million. NPLs As a result, the NPL ratio edged down for the second consecutive quarter
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBanking-performing loan (NPL) formation for the second successive quarter of -28 million in Q3 from -16 million in Q2. In Greece, the negative NPL formation stood at -17 million in Q3 and reflected a negative... to loan deleveraging, the NPL ratio edged up to 34.8 percent in Q3 from 34.7 percent in Q2
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking, also staying negative for a fifth quarter, while in consumer loans, NPE formation was -5 million. NPL... formation of 26 million in Q3. The NPL stock was reduced by around 1.2 billion QoQ to 15.8 billion with the NPL ratio slipping to 33.2 percent in Q4 from 35.2 percent in Q3. The NPL coverage ratio edged
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingperiod a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale.... Within retail NPL formation declined in all three sectors. Specifically, small business loan NPLs fell... million. The reduction in the NPL stock led to an improvement in the NPL ratio to 32 percent in Greece
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After local elections in Turkey, Athens hopes recent tension with Ankara will ease
PoliticsForeign Policysources, the Turkish Ambassador to Greece, Burak Özügergin, has given reassurances to his interlocutors
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Athens seeking Mitsotakis-Erdogan talks as Ankara suggests arbitration for disputes
PoliticsForeign Policyto Greece Burak Ozugergin to Ta Nea. Ozugergin suggested that the two sides should start a discussion
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Ankara springs surprise on Athens with Libya maritime deal
PoliticsForeign Policycalled Turkey’s Ambassador to Athens, Burak Ozgurgegin, to the Foreign Ministry in Athens to demand
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