Search

Results 1421 to 1430 out of 3007. RSS
  1. Greek banks' reliance on Eurosystem funding rose in December for first time since April

    EconomyMacroeconomy

    basis points over the respective ECB funding cost and had burdened Greek banks’ net interest income... their recapitalisation process last June, which somewhat distort the previous ratios, their net Eurosystem

    2%
  2. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    the respective ECB funding cost and had burdened Greek banks’ net interest income (NII) in the second half... bonds that banks had received during their recapitalisation process last June, their net Eurosystem

    2%
  3. Primary budget surplus passes 1-bln mark for 2014 but revenue shortfall widening
    Photo by MacroPolis

    Economy

    (390 million), which more than offset lower net revenues (1.05 billion). The monthly performance... of lower revenues and higher tax refunds led 4-month net revenues down 1.3 percent to 13.84 billion

    2%
  4. Piraeus snaps up share in MIG to complete series of corporate moves
    Photo by MacroPolis

    EconomyBanking

    of 1.19 billion euros, EBITDA turned positive at 8.6 million, while net loss narrowed to 234.5... at 209 million. Net Asset Value (NAV) stood at 967 million corresponding to 1.26 euros per share

    2%
  5. Greek central government debt inches down to 320.42 bln in Q1

    Economy

    a net increase in repo loans by 2.07 billion. The latter appears in the debt structure for the first... billion by the end of Q1 2014, the IMF net financing has been reduced accordingly to 25.4 billion

    2%
  6. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank, the third largest Greek bank by total assets, posted a Q1 net loss of 94.1 million euros from profit of 230.4 million last year. The latter excludes the negative goodwill of 3.28 billion... on year (YoY). On the revenue front, net interest income (NII) soared 43.8 percent YoY to 471

    2%
  7. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank concluded the first quarter (Q1) reporting season for Greek banks by posting a net loss of 247 million from 700 million in Q4. Lower loss on a quarterly basis mainly reflects a 39... million in Q4. In contrast, net interest income (NII) rebounded 0.9 percent QoQ to 479 million, largely

    2%
  8. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching 162.1 billion euros, according to the Bank of Greece (BoG). The net flow remained positive... for the third successive month, the year to date net flow is still negative with outflows amounting

    2%
  9. Greek primary budget surplus reaches 712 mln in first half of 2014

    Economy

    target. Overall, net revenues eased 0.9 percent to 20.65 billion, marginally above target, as better... there was a net increase of arrears at 489 million so far in 2014. As expected, interest payments increased month

    2%
  10. Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP

    Economy

    at 321.66 billion at the end of May. The evolution within 2014 incorporates a net decrease in the long-terms bonds by 8.2 billion euros, which is counterbalanced by a net increase of 4 and 4.3 billion

    2%