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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingAlpha Bank posted an increase in net losses to 440.2 million euros in the fourth quarter (Q4... euros from 282.2 million in Q3, mainly due to higher operating expenses. On the revenue front, net... attributed to lower time deposit rates, while loan NII was lower QoQ. Net interest margin (NIM
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Greek private sector sees net job departures of 9,954 in Jan
EconomyMacroeconomyThe hirings balance showed net departures of 9,954 in January, up from last year’s figure of 9,273... 2014, when net hirings of 6,397 were recorded. This year’s figure is the second lowest negative... of mechanical equipment (+309). On the flipside, the highest net departures were posted in food services
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Net job hirings of 14,437 in the Greek private sector in February
EconomyMacroeconomyThe employment balance displayed net hirings of 14,437 in February, down by 687 from last year’s...), wholesale trade (+1,198) and food and catering services (+1,196). In contrast, the highest net...). The aggregate figures for the 2-month period showed net hirings of 4,483, lower by 1,368 from last
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Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingEurobank remained profitable for the second straight quarter, albeit with lower net profits of 46.2... reflecting positive top line trends and cost containment. In particular, net interest income (NII... on ELA and pillar II bonds more than offsetting lower loan NII. Net interest margin (NIM) improved
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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomyof Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101... months, the corporate sector has posted cumulative marginal net deductions of 10 million, while... since early 2011 with cumulative net deductions of 40.8 billion over this period dragging down the loan
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingAlpha Bank remained profitable for the second straight quarter in Q4 2016, with net profits of 20.1 million euros from 41.1 million in the previous quarter. For the whole year, the bank recorded net...) to 301.6 million in Q4, mostly reflecting a rebound in net interest income (NII). Asset quality
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingNational Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net... reported net profits of 53 million from huge losses of 2.61 billion in 2015, which included extended... year, core PPI rose by 29 percent to 881 million, mostly on the back of improving net interest
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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomyThe employment balance remained positive in April 2017, with net hirings rising to 92,132 from... by the 45-64 group (+25,854). The biggest contributor to net hirings were accommodation (+45,763), mostly due... figures for the 4-month period point to net hirings of 125,770, up by around 1,000 from last year’s
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingEurobank remained profitable in the second quarter (Q2) of 2017, with net profits slightly... percent quarter on quarter (QoQ) to 215.9 million largely on improved net interest income (NII... (provision over net loans) of 1.9 percent from 1.94 percent in Q1 and 2 percent in H1 2016. Balance
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Net job hirings balance turns negative by 98,420 in October
EconomyMacroeconomyperiod. The net balance for September showed hirings outpacing departures by 17,128. Compared... for the over 65 age group. The biggest industry sector contributing to net hirings was education (22,049.... The aggregate figures for the ten-month period point to net hirings of 167,451, up by 5,256 from last year
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