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Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
EconomyMacroeconomy, however, the trend had been declining since then. The net lending flow was negative by 401 million euros in August, after a 1.4 billion euros drop in July, with back-to-back net contraction... lending balance’s net monthly flow was negative by 319 million euros, after a drop of 1.18 billion euros
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Eurobank net profits at 314.1 mln in Q1, commission income at 169.2 mln
EconomyBankingEurobank posted a net profit of 314.1 million euros in Q1 2025, from 287.2 million euros, up by 9.4... the acquisition of Hellenic Bank in Cyprus. P&L Net interest income in Q1 increased by 11.7 percent YoY and stood at 637.9 million euros, from 571.1 million in 2024. Net fee and commission income rose by 24.8
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Eurobank records strong profits of 691 mln in H1, net interest income jumps 12.2 pct
EconomyBankingEurobank posted a net profit of 691 million euros in H1 2025, from 721 million euros a year earlier... the acquisition of Hellenic Bank in Cyprus. P&L Net interest income in H1 increased by 12.2 percent YoY and stood at 1.27 billion euros, from 1.13 billion in 2024. Net fee and commission income rose
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Eurobank net profits exceed 1 bln up to Sep, commissions jump 24 pct YoY to 557.2 mln
EconomyBankingEurobank posted a net profit of 1.03 billion euros in 9M 2025, from 1.13 billion euros a year... the acquisition of Hellenic Bank in Cyprus. P&L Net interest income in 9M increased by 4 percent YoY and stood at 1.9 billion euros, from 1.83 billion in 2024. Net fee and commission income rose
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Greece sees highest tax wedge increase among OECD countries in 2016
Economy. For a single worker, Greece’s ranking was the 14th highest among the OECD countries in 2016, one position... that for a single worker. This is attributed to the child-related benefits and tax provisions. However, the tax wedge for a family with children in Greece stands only 1.9 pp below that for the single
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingEurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss..., the bank posted net loss of 1.18 billion euros from 1.22 billion in 2014. Pre-provision income (PPI... performance, with net interest income (NII) improving 4.3 percent QoQ to 375.3 million. The NII growth mainly
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomy(BoG). Net inflows stood at 394 million in November from outflows of 630 million in October...) for the eighth consecutive month on net deductions of 510 million in November from 937 million in October. November’s negative flow reflects household and corporate lending net deductions of 294 and 203
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomy1.7 percent in September, Bank of Greece (BoG) figures displayed on Monday. The monthly net deductions stood at 308 million euros in October, from 355 million in the previous month and reflect a net... reading since June 2007. Overall, the ongoing loan deleveraging of Greek banks has resulted in net
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros... percent QoQ decrease in net interest income (NII). The latter is attributed to lower lending spreads... by 25 basis points (bps) in Q4, net interest margin fell by 5 bps in Q1 to 1.93 percent, mainly due
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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingNational Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net... million from loss of 7 million last year. Despite a 14 percent YoY rise in Greek net interest... points (bps) offset by higher deposit margins (up 20 bps). As result, Greek net interest margin (NIM
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