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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingbillion to be reduced in 2019 in order to meet its targets. P&L Net interest income (ΝΙΙ) fell by 3... with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankingmillion euros bringing the stock to 32.9 billion in Q4 2017. Across the year, NPEs were reduced by 3... and providing financing of more than 3 billion to our clients in Greece.”
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PM tries to halt election speculation as poll gap widens
PoliticsGreek Politicsperiod, suggesting that the gap between the two has widened by almost 3 points. Centre-left Movement.... The Metron Analysis poll, like other surveys, shows ANEL on 2.5 percent, which is just short of the 3
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingquarters in which NPE formation has declined. The bank reported that YoY, NPEs have been reduced by 3... adoption of the IFRS9 accounting policy for exposures in Stage 3 (1 billion euros). Net fee
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Lower yields for short- and long-term borrowing boost Athens
EconomyMacroeconomyof 2014, rising to just below 3 percent until June last year. Over the last few weeks, Greece’s long... exchanged. The subsequent benchmark maturity is for 3 billion euros in August 2022.
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Banks focus on defining challenge of reducing NPEs
EconomyBanking3 cents on the euro of loan principal sold, which translated into 45 million euros for the whole... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
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IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgrammea primary surplus of 2.2 percent of GDP on average and a long-term nominal growth of 3 percent... in at 2.7 percent instead of 3 percent. Even in this scenario, which is closer to the European
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeaturesare considered to be rising export products, meaning that although they make up 3 percent of Greek..., Greek exports rose on average by 3 percent per annum during the crisis compared to an average of 7
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingwas -66 million, followed by small businesses (-64 million) and consumer loans (-3 million..., and fell by an additional 2.1 billion to 3 billion in August 2018. Management noted that deposits
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Countdown to Macedonia name deal vote has PM weighing up support
PoliticsForeign Policythis respite will last as ANEL is under immense pressure because it is polling below the 3 percent.... If there is a confidence vote, there are 145 SYRIZA deputies along with 3 ANEL MPs and an independent lawmaker
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