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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingAlpha Bank reported lower quarter on quarter (QoQ) net losses of 115.8 million euros in the first... to lower costs. As expected, net interest income (NII) fell 2.8 percent QoQ to 481.5 million primarily due... net interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same
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Athens Stock Exchange ends week on a low, banks lose 9.7 pct
Economy, Terna Energy posted a sharp rise in net profits to 12.2 million in Q1 from 3.6 million last year also... a much higher increase by 25.8 percent to 29.3 million. GEKTERNA's bottom-line turned to net profits... by 40 percent to 227 million. Ellaktor net losses reached 16.7 million in Q1 from profits of 1.7 million
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Banking system showed deposit inflows for second straight month, at 531 mln in Sept
EconomyMacroeconomydisplayed non-financial corporations posted net inflows of 702 million, while households withdrew a net amount of 199 million. Following the net inflows of around 1 billion in the last two months
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Weak banks drag Greek stocks down by 6.5 pct during week
Economymillion. Corporate news Ellaktor posted on November 30 Q3 net losses of 35.6 million euros from profits... results with net profits at 4.5 million euros from 0.8 million a year ago. Sales rose by 43.8 percent to 49.9 million, while EBITDA surged 82.6 percent to 28.5 million. GEK TERNA also reported net losses
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Newsletter 56 - 18/12/2015
period. Τhe agreement also stresses that the net amount for the purchase of ADMIE is heavily depended... million with net profits at 55.9 million. The company’s cash amounted to 118.3 million in 2014 and its net debt to 336 million. In addition, its regulated asset base amounted to 1.4 billion euros
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomyby 676 million in the fourth quarter of 2015, arrears posted a net increase by 1.56 billion...-sectors posted an insignificant net change within 2015. In particular, Tax refunds’ arrears landed... and a net increase of 2.5 billion in EFSF/ESM/IMF loans. The latter includes the return of 10.9 billion
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Newsletter 70 - 15/04/2016
document estimates net savings of 2.5 percent of GDP are required to achieve a much lower primary surplus... a record low of 692 in absolute terms. Net hirings in March The employment balance showed net
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Newsletter 75 - 27/05/2016
company OTE and Hellenic Petroleum. On the bank front, Piraeus posted on Wednesday a net loss of 37 million for the first-quarter (Q1). It is worth highlighting the quarter-on-quarter (QoQ) rebound in net... for the first time since 2008. Ethniki (NBG) released its Q1 results on Thursday, with net profit at 87 million
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agoraenhanced with two banks, NBG and Eurobank posting net profit of 87 and 60 million euros respectively, while Alpha and Piraeus recorded relatively modest net losses of 2 and 37 million respectively. The first positive development relates to a further quarter on quarter (QoQ) improvement in their net
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Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln
EconomyMacroeconomy, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros... moderate at 68 million. The year-to-date net deductions stand at 1.46 billion in the 5-month period... million. Since the beginning of 2011, when Greek bank credit turned negative, cumulative net
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