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Net profit of 87 mln for NBG in Q1

EconomyBanking 27/05/2016 - 10:48

National Bank of Greece (NBG) posted net profit of 87 million euros in the first quarter (Q1) of 2016 from a loss of 2.05 billion in Q4 and 159 million a year ago. Core pre-provision income (PPI... and reduced operating expenses. In more detail, net interest income (NII) rebounded 1 percent QoQ

7%
Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2

EconomyBanking 31/08/2016 - 08:49

Piraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa... by a rise in core expenses by 3 percent. Net interest income (NII) edged up by 1 percent QoQ to 484 million

7%
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter

EconomyBanking 25/05/2017 - 10:05

The National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter. This largely reflects the elimination... billion. They added that the cure rate of restructured NPEs is over 50 percent. P&L Net interest

7%
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs

EconomyBanking 01/06/2017 - 09:42

Alpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1... the seasonally high figure in Q4, while core income (net interest income - NII and fees) fell. Asset quality

7%
Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter

EconomyBanking 31/08/2017 - 12:48

Piraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2, resulting in a break-even bottom-line result in the first half (H1) of 2017. At the same time, pre... due to other income. Net interest income (NII) and operating expenses stayed broadly flat. Asset

7%
Grivalia Properties net profits rise by 87 percent in nine-month results

EconomyMacroeconomy 20/11/2017 - 11:32

during the same period last year. Net profit reached 35.5 million versus 19 million for the respective... as well as the new investment of 2017. The net gain from fair value adjustments on investment

7%
Net job hirings balance for November turns negative by 39,221

EconomyMacroeconomy 12/12/2017 - 14:18

balance of 424 was noted. The biggest industry sector contributing to net hirings was education... tourism season. The aggregate figures point to net hirings of 128,230 in the year-to-date, up by 3,702

7%
Net job hirings balance positive by 15,315 in December

EconomyMacroeconomy 15/01/2018 - 16:01

contributed the most to net hirings in December (10,157) followed by retail (3,353) and office administrative...). The aggregate figures for the full year show net hirings of 143,545, which represents an increase of 7,285

7%
Coca-Cola HBC net revenues rise by 1.2 pct in nine-month period

EconomyCorporates 08/11/2018 - 11:32

Coca-Cola HBC’s results for the first nine months (9M) of 2018 showed that net sales revenue grew by 1.2 percent year-on-year. Revenues stood at 5.10 billion euros versus 5.04 billion in 9M 2017... markets, mainly Russia. On a quarterly basis, net sales revenue grew by 2.6 in Q3 to 1.87 billion from

7%
Cenergy Holdings posts net profits of 4.3 mln

EconomyCorporates 27/09/2019 - 09:37

by around 50 percent to 38.9 million euros in H1 from 26 million in H1 2018. Overall, net results... segment increased 32 percent YoY. Net profit after tax amounted to 4.3 million versus losses after tax

7%