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  1. NBG results show net profits of 602 mln euros in 9M
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported net profits of 602 million euros from continued operations..., net results showed a profit of 137 million euros in Q3, more than double net profits in Q2 which... schemes. P&L Net interest income (ΝΙΙ) rose by 12 percent QoQ to 304 million, driven by the expansion

    20%
  2. Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pct
    Photo by Giannis Papanikos/Fosphotos

    EconomyBanking

    Eurobank posted a net income of 328.5 million euros in the full 2021, compared to a loss of 1.22 billion euros the previous year. Adjusted net profit was 424.3 million euros, from profits of 538.1 million in 2020. In the fourth quarter (Q4), net profit was 112.4 million, after 26.1 million euros

    20%
  3. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    in Greek shares, Greek government bonds and T-Bills. The first half figure recorded a net inflow... and exports, up by 25.1 and 28.8 percent respectively. According to the BoG, the higher net payments... in the net oil import bill and the trade deficit excluding oil and ships. On the flipside

    20%
  4. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    bonds and T-Bills of 480 million, while net liabilities fell by a mere 4 million. In the 4-month... net oil bill. At the same time, the decrease in the services’ surplus mostly reflects lower net sea... net dividend payments and improved general government balance respectively. The aggregate figures

    20%
  5. December current account deficit at 1.24 bln on falling services balance
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    an 18.2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net fall in liabilities.... This was mainly caused by lower net travel receipts. In December, while travel receipts rose by 0.8 percent.... Financial account Residents’ net external liabilities increased by 268 million in December. No transactions

    20%
  6. December current account deficit at 1.51 bln and 5.28 bln for 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in 2018. Financial account Residents’ net external assets showed a rise of 102 million...). Portfolio investment showed a net increase in residents’ external assets of 719 million euros, which was driven by a rise of 560 million in residents’ holdings of foreign bonds and T-bills

    20%
  7. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    , implying a cushion of 230 and 139 million respectively against fiscal targets. Budget net revenues... significantly lower than expected SMP and ANFA revenues. Net revenues are seen slightly rising by 0.3... tax on corporate cars (91 million) On the expenditure front, the key interventions with a net savings

    19%
  8. Current account surplus reaches 1.68 bln in July thanks to services
    Photo by MacroPolis

    EconomyMacroeconomy

    of foreign bonds and T-Bills. However, the 7-month figure still shows a net inflow of 3.8 billion euros... to the BoG, the higher trade deficit stems from a higher net oil import bill and a slight increase in net... to the BoG, the trade deficit was affected by a significantly higher net import bill for oil and ships

    19%
  9. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    government bonds and T-Bills. Overall, residents’ net external assets increased by 9.8 billion in 2016... imports rose by 4 percent. The rise in the services’ surplus is largely due to higher net other services receipts, while net transport and travel receipts increased at a slower pace. Specifically, travel

    19%
  10. NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln
    Photo by MacroPolis

    EconomyBanking

    ratio in 2022 was 5.2 percent, at 1.8 billion euros. P&L Net interest income (ΝΙΙ) increased 65 percent YoY to 2.26 billion. Net fee income increased by 10 percent to 382 million euros. Loan

    19%