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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingAlpha Bank reported net profits of 5.6 million euros for the fourth quarter (Q4) of 2019 compared to net profits of 4.7 million euros in Q3. For the full year, net profits came to 97.1 million euros... reduction. The Net Interest Margin (NIM) edged up to 2.5 percent from 2.4 percent in Q3. Net fee
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Eurobank net results show profit of 176 mln in H1
EconomyBankingEurobank recorded net results of an adjusted profit of 176 million euros in the first half (H1) of 2020 compared to net profits of 96.7 million in H1 2019. Adjusted net income showed profits of 116.6... rose by 2.9 percent QoQ in Q2. In H1, NII rose by 0.6 percent YoY to 688.8 million. The net interest
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Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
EconomyBankingEurobank posted an adjusted net income of 1.17 billion euros in the full 2022, compared to a profit.... Net profit was 1.33 billion euros vs. 328.5 million euros in 2021. Core pre-provision income (PPI... coverage increased by over 5 points to 74.6 percent. P&L Net interest income in 2022 increased
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Eurobank net profit jumps by 80 pct to 287.2 mln in Q1
EconomyBankingEurobank posted a net profit of 287.2 million euros in Q1, compared to 159.4 million euros in the same quarter of 2023, a jump of 80.2 percent. Adjusted net profit was 383.1 million euros in Q1 2024... annually. P&L Net interest income in Q1 decreased by 0.3 percent YoY and stood at 571.1 million euros
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Current account deficit widens to 404 mln in March
EconomyMacroeconomythat this improvement is largely due to a lower net oil import bill, reflecting the decrease in oil prices. Net payments for ship purchases also fell. However, excluding the impact from oil and ships.... The contraction in the services surplus by 22.1 percent is mainly attributed to lower net receipts from
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Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
EconomyMacroeconomybelow target. Overall, net revenues increased by 8.8 percent to 44.66 billion in the 11-month period
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomyfrom the MTFS and the draft budget. Net revenues are seen at 50.51 billion euros from 51.27 billion
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Strong deposit growth of 1.14 bln noted in March
EconomyMacroeconomyNet deposit movement in the Greek banking system turned strongly positive in March, with inflows of 1.14 billion compared to inflows of 59 million in February, Bank of Greece (BoG) figures revealed on Monday. The headline figure for the month represents the highest monthly balance since August 2017
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Seasonal factors lead to strong deposit growth of 6.4 bln euros in Dec
EconomyMacroeconomyThe net private sector deposits in the Greek banking system grew strongly, as is the seasonal trend, in December with a jump of 6.38 billion euros, after a negative movement of 747 million euros in November, based on the latest Bank of Greece (BoG) figures released on Friday. The annual growth
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBankingEurobank recorded net profits of 38.3 million euros in the fourth quarter (Q4) of 2016 from 85.4... since 2010. Its net profits reached 230.1 million in 2016 from losses of 1.18 billion a year ago, mostly... attributed to an NPE corporate loan sale of 150 million, while the NPE net flow stood at -65 million
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