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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingdeposits and net loans amounted to 2.14 and 2.76 billion euros respectively corresponding to a market... net loss of 347 million euros, with pre-provision income (PPI) of 31 million and credit risk
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Greek stocks edge down 1.3 pct during week, banks perform poorly again
Economyin first-half (H1) net profits to 97.4 million from 73.2 million a year ago, with turnover up 9.8... results on Friday wjich showed net losses narrowed to 18.2 million from 21.2 million last year
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomyJuly 2007. Net deductions notably rose to 904 million in August, from 630 million in July, which... deductions of 609 million, which are the highest since May 2014. As a result, the net lending flow
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Greek stocks on the rise again, end week 2.1 pct up
Economyeuro sub-tranche are subject to a positive assessment by the institutions of the net arrears clearance... reported on Monday its 2015/2016 financial results, which showed net profits rose by 15.7 percent
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Bank credit contracts by 1.7 pct in September on loan deductions of 355 million
EconomyMacroeconomyat the end of September, which is the lowest reading since June 2007. The monthly net deductions slowed.... The net lending flow turned slightly positive after the extended deductions of 602 million posted
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingreflecting lower insurance income. Net interest income (NII) improved by almost 1 percent QoQ to 485 million... employees. Impairment losses dropped by 12 percent QoQ to 182 million with the cost of risk (over net
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Shaping the post-programme narrative in Greece
Agora: the decision will be characterised by the Fund becoming a net extractor, not a net contributor
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBanking, in net loans by 3.14 billion and in bonds and stocks by almost 3 billion. The non-performing exposure... to a drop in performing loans by 3.2 percent, while net loans contracted at a slower pace of 1.6 percent
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Tsakalotos appears but gives little away about negotiations with creditors
PoliticsGreek Politicsthat people have to keep in mind is “net.” The Greek finance minister said that the net outcome
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBanking. The net inflow of banknotes in the domestic banking system reached 7.7 billion euros, of which 2.6...-financial corporations, which showed a net positive flow of 5.2 billion. In contrast, households posted
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