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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBankingdue to huge loan loss provisions of 2.64 billion. Core pre-provision profit (PPI) rose by 5 percent... operating expenses. Overall, PPI improved by 26.8 percent to 853.5 million in 2016. Asset quality..., the bank remains confident it will meet its NPE reduction target of more than 2.5 billion in 2017
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingimpairment losses of 3.59 billion. Core pre-provision income (PPI) rebounded 5 percent QoQ to 231... year, core PPI rose by 29 percent to 881 million, mostly on the back of improving net interest... more than offset lower deposit cost. During the conference call, the management said
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingprofit (PPI) rose by 1.7 percent QoQ to 216.6 million in Q4, driven mostly by increases in other income. Operating expenses edged up by 1.4 percent QoQ. Overall, PPI improved by 5.4 percent to 836.7... at 99.349 percent, with a final yield of 2.98 percent. It was over-subscribed by more than two times
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingcosts due to a voluntary retirement scheme. Core pre-provision profit (PPI) fell by 8.5 percent...) and operating income. For 2017, core PPI increased by 2 percent year-one-year to 1.21 billion. Asset... bps of capital, which is lower than industry analysts had estimated. In anticipation, accumulated
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingpercent higher than the results posted for Q1 2017, which stood at a net profit of 48.2 million... profit (PPI) fell by 3.4 percent quarter-on-quarter (QoQ) to 268.5 million, affected largely by lower... percent following an aggregate impact of +212 bps driven mainly by strong PPI generation, while under
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingin the first half of 2018. Core pre-provision profit (PPI) rose by 18.9 percent quarter-on-quarter (QoQ) to 322.7 million, stemming from higher trading gains. In H1, PPI fell by 26 percent to 594.... The decline in H1 is largely attributed to the higher than usual fees from credit cards recorded in Q1 2018
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingmillion seen in 9M 2018. Core pre-provision profit (PPI) rose by 0.8 percent quarter-on-quarter (QoQ) to 215.6 million. In 9M, PPI fell by 18.9 percent to 642.5 million euros from 792.3 million euros... is largely attributed to the higher than usual fees from credit cards recorded in Q1 2018. Recurring
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingcame to 423 million euros compared to profits of 63 million in 9M 2018. Core pre-provision income (PPI) fell by 9 percent quarter-on-quarter (QoQ) to 151 million. Core PPI came to 461 million euros.... “The prospect of delivering on our Business Plan targets sooner than promised is gaining ground,” he said
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Eurobank net results show profit of 176 mln in H1
EconomyBankingand the associated sale of FPS. Core pre-provision profit (PPI) rose by 5.8 percent quarter-on-quarter (QoQ) to 223.8 million euros from 211.5 million in Q1 2020. Year-on-year (YoY), PPI rose by 8 percent... to increase by more than 2 billion euros for the full year. “Having built a resilient business model
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBanking. P&L Pre-provision income (PPI) in H1 increased to 974 million euros, more than doubling from the 470 million in H1 2020. Excluding once-off items PPI was 633 million euros. Net interest income (NII
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