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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBanking, unchanged from the previous quarter. Broken down by segment, gross non-performing loan (NPL) formation... segment (+9 million). Overall, the Greek NPL stock fell to 18.5 billion euros in September, landing... that another 1.5 billion euros needs to be reduced by the end of the year. The reduction in the NPL stock led
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingpercent in the previous quarter. NPL stock declined to 20.5 billion from 20.7 billion in Q4, while the NPL ratio edge up to 35.5 percent in Q1 from 35.3 percent in Q4. The NPL coverage ratio stood at 80 percent compared to 75 percent previously. The bank reported that since the September 2015 peak, NPL
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankinga year ago, NPLs have declined by 3.1 billion euros. By segment, NPL formation in the retail... retail, two out of three subsectors showed falls in NPL formation. Specifically, small business loan... euros was noted in consumer loans. The reduction in the NPL stock led to an improvement in the NPL
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NBG makes profit of 20 mln in Q1, NPE stock falls again
EconomyBanking. At the same time, domestic non-performing loan (NPL) formation dropped by 57 million, slowing from...). This led the group NPL ratio to stand at 31 percent from 32.4 percent in Q4. The NPL coverage ratio inched up to 82.9. NBG’s NPE and NPL coverage ratios are the highest among its domestic peers
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingcompared to the figure of 16.4 million in Q1. Since June 2017, NPL stock has declined by 2.3 billion. By segment, NPL formation in the retail segment increased by 70 million euros, and declined by 14 million... this year, the group’s NPL ratio came to 34.7 percent in Greece and 35.6 percent on a group level
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBankingloan (NPL) dropped by 1.6 billion euros and stood at 14.9 billion. The movement in the latest... portfolio, NPL formation rose by 218 million. Within this segment, NPL formation in mortgages rose by 215... million. This led the group NPL ratio to stand at 34.1 percent. As mentioned, the bank’s NPE and NPL
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NBG reports full year net profits of 50 million euros from continued operations
EconomyBanking(NPL) formation fell by 198 million to stand at 11.1 billion euros. The movement in the latest quarter reflects negative NPL formations in all four subcategories. In the corporate portfolio, NPL...) and consumer (-8 million). This led the group NPL ratio to stand at 29.9 percent. As mentioned
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Samaras and Venizelos rule out elections but can't be sure they won't happen
PoliticsGreek Politicsthat have not been arrested by suggesting they would not dare to resign en masse and create... by abusing the right of its deputies to resign their positions, it should be prevented from doing so... of their title. So, if the others do not resign in the meantime, there will be no elections. SYRIZA, however
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After criticism over public sector jobs, gov't names new revenues chief
PoliticsGreek Politicsdoctors being forced to resign was raised. “Over the last year there has been no break with bad old... CEO Anthimos Thomopoulos to resign. The HFSF denied this was the case and Tsakalotos reportedly dodged..., initially resisted calls for her to resign but eventually stepped down. Revenues chief It was not until
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Court delivers serious blow over TV permits, gov't vows to fight on
PoliticsGreek Politicsthe opposition for the coalition to resign. PASOK and To Potami immediately called for State Minister Nikos Pappas, who was the architect of the process, to resign. Given that Pappas is Alexis Tsipras’s closest... that the government should resign because of the failure of the TV licence tender
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