Search
-
Led by corporate lending, credit continues to grow with 2.3 pct rise in June
EconomyMacroeconomypercent rise in May, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow was positive by 493 million, from a 17-million-euro net decrease seen in May. The outstanding balance... lending balance's net monthly flow was positive by 399 million euros, up from 68-million-euro increase
6% -
Credit growth slows to 0.8 pct in Aug, lowest for 2021
EconomyMacroeconomygrowth since last summer. The net lending flow was negative by 337 million, from a negative flow..., from 122.49 billion euros in the previous month. The corporate lending balance's net monthly flow was negative by 190 million in August, from a net decrease of 313 million in July, taking the balance
6% -
Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
EconomyBankingAlpha Bank reported a net loss of 2.5 billion euros in the first nine months of the year (9M... in the second quarter of the year. In the third quarter of the year, the net loss was 171 million... of 2020. NII also dropped QoQ in 9M to 318 million euros, from 371 million euros in Q2. The net interest
6% -
Business transformation brings profit of 243 mln euros for Alpha Bank in H1
EconomyBankingAlpha Bank reported a net profit of 243 million euros in H1 2022, compared to a loss of 2.33... million euros in Q2, up by 7 percent QoQ. The net interest margin was 1.6 percent in H1. Net fee... The Group’s net loans amounted to 38.1 billion euros in H1 2022, a rise from the 36.9 billion euros
6% -
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
EconomyBankingAlpha Bank reported a net profit of 335.4 million euros in 9M 2022, compared to a loss of 2.5... was 339 million euros in Q3, up by 12 percent QoQ. The net interest margin was 1.6 percent in 9M. Net.... Balance sheet The Group’s net loans amounted to 38.86 billion euros in 9M 2022, a rise from
6% -
Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
EconomyBankingPiraeus Bank posted a net profit of 729 million euros in the nine months (9M) of 2022, from losses... 8 pct by the end of the year. P&L Net interest income (NII) came to 816 million euros in 9M, versus 730 million euros last year. Net fee income increased to 366 million euros from 309 million last
6% -
Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
EconomyBankingPiraeus Bank posted a net profit of 300 million euros in H1 2023, with Q2 2023 profit at 120... percent, from 0.9 percent in H1 2022. P&L Net interest income (NII) came to 881 million euros, with 461 million euros in Q2, from 266 million euros in Q2 2022. Net fee income was 263 million euros in H1
6% -
Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
EconomyMacroeconomy, the trend had been declining since then. The net lending flow was positive by 2.14 billion euros in September, after a 405-million euros drop in August, reversing the net contraction of recent months.... The corporate lending balance’s net monthly flow was positive by 2.05 billion euros, after a drop of 322
6% -
Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyhad been moderating since. The net lending flow was negative by 856 million euros in October, after a 2.14-billion euros rise in September, returning to the net contraction of recent months.... The corporate lending balance’s net monthly flow was negative by 669 million euros, after a rise of 2.05 billion
6% -
Is Greece on track to decouple from fossil gas?
Agora) and the reduction in total electricity consumption (-2.93 TWh), and secondarily by the increase in net... plants to be added to the existing fleet, increasing total net capacity from 6 GW in late 2023 to 7.7 GW... journalism project. [1]Greece is a net importer of electricity in the sense that the quantities
6%