Search
-
H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking. Eurobank was the only bank out of the four systemic lenders to post weaker profits in this half... million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6..., taking the total to 594 million. Eurobank’s net fee and commission income rose by 13 percent YoY to 156
18% -
Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingwell received by markets, with the FTSE ATHEX banking index rising 13.2 percent since Eurobank got the ball rolling on the systemic banks reporting their full-year earnings for 2020. Eurobank itself... their NPE-reduction plans to their regulator, the Single Supervisory Mechanism. Under the plans, Eurobank
18% -
Newsletter 298 - 28/05/2021
share capital raise as Eurobank sees modest profit increase Three of Greece’s system banks reported Q1 earnings this week, with just Eurobank able to report a net profit, as Alpha Bank and Piraeus Bank... quarter of 2020. Eurobank, which booked its “Cairo” securitization in 2020, posted a net profit
18% -
Newsletter 365 - 13/01/2023
in Piraeus Bank, 9 pct in Alpha Bank, 1.40 pct in Eurobank and almost 63 pct in the smaller size Attica...: Alpha Bank, Eurobank, NBG and Piraeus Bank. In the first round of recapitalisation, The HFSF’s... billion in Piraeus, 5.73 billion in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became
18% -
HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingpct in Eurobank and almost 63 pct in the smaller size Attica Bank. The Greek government sees HFSF’s... euros, of which 27.5 billion related to the four core banks: Alpha Bank, Eurobank, NBG and Piraeus.... Of that amount, 8.46 billion was injected into NBG, 6.85 billion in Piraeus, 5.73 billion in Eurobank
18% -
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingin October, when Eurobank bought back a small 1.4 pct stake from HFSF, acquiring roughly 52 million shares... though that was a formality and the transaction closed with Eurobank paying just short of 94 million... in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became the dominant shareholder
18% -
Greek banks' capital backstop and the funding gap: An uneasy relationship
Economy, including 5.8 billion to Eurobank, which was fully recapitalised by HFSF. This figure was later increased by 681 million to 25.6 billion, following the acquisition of Hellenic Postbank by Eurobank... 81 to 84 percent for Alpha, National and Piraeus and 95 percent for Eurobank. The resolution costs
17% -
Where Greek banks stand ahead of capital needs disclosure
EconomyGreek systemic banks (Alpha, Eurobank, National and Piraeus) and informed them about the outcome... the rounds in the last few months. Same reports point to higher capital shortfalls for Eurobank and National... recap process. Eurobank has already initiated a capital increase process of 2 billion with anchor
17% -
Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
EconomyBankingof our mission,” she said. Sakellariou also confirmed that the troika had opposed the National-Eurobank... favoured the deal. She dismissed criticism relating to the price of Eurobank’s last capital increase... the Eurobank shares last year. Sakellariou said the fund’s primary mission was to deal with banks’ negative
17% -
Newsletter 1 31/10/2014
of a stake Eurobank was the only Greek bank seen needing any additional capital and even in this case... surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... (37.6 and 42.8 percent respectively) and Eurobank (34.1 and 36.3 percent respectively. NBG showed
17%