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  1. Job departures at 37,667 in Nov, 11-month net hirings highest since 2001
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed negative in November 2016 with net departures rising to 37,667 from... old groups, where net departures stood at around 17,000 and 16,500 respectively. The biggest contributor to November net hirings was education, which added 7,054 jobs. In contrast, the highest net

    12%

  2. Net job hirings slow to 7,242 in July, lowest since January
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance remained in positive territory in July, although net hirings dropped... revealed on Monday. The July figure represents the sixth consecutive month of positive net growth... categories except for 15-24 year-olds, where net hirings rose by 21,800. The decline

    12%

  3. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net loss of 60 million euros in the fourth quarter (Q4...-year bottom-line results coming to a net loss of 163 million euros for 2017 compared to a loss... formation of 25 million euros in mortgages. Since the end of 2015, NBG has achieved a net NPE

    12%

  4. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a loss of 80 million euros compared to a net profit of 12 million in Q4 2017. Results for operations in Greece reflected net profits of 32 million euros, excluding one-time employee costs. Pre-provision

    12%

  5. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    The results for the first nine months (9M) of the year showed a net profit of 40 million euros from a net loss of 15 million noted during the same period last year. Pre-provision income (PPI... declining by 39 percent to 513 million euros. Net interest income (NII) edged down slightly by 1 percent

    12%

  6. Alpha Bank posts net profits of 97.1 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    Alpha 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

    12%

  7. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 18 million euros from continued operations.... On an aggregate basis, net profits from continued operations for 2019 stood at 484 million euros, rising... as well. All three portfolios have received binding offers. P&L Net interest income (ΝΙΙ) fell by 4

    12%

  8. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net loss of 10.9 million euros for the first quarter (Q1) of 2020 compared to net profits of 5.4 million euros in Q4 2019. In the same quarter last year, the bank recorded... expenses, supported by a resilient net interest income performance. Asset quality Non-performing

    12%

  9. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a strong net profit of 465 million euros from continued... basis, net results showed a profit of 58 million euros in Q2, dropping by 86 percent quarter-on-quarter... euros are expected to be signed in the second half of this year. P&L Net interest income (ΝΙΙ) fell

    12%

  10. NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net loss of 423 million euros in the fourth quarter (Q4.... On an aggregate basis, net profits for 2020 stood at 38 million euros, following a loss of 255 million euros.... P&L Net interest income (ΝΙΙ) rose 3 percent QoQ to 314 million. In 2020, NII fell by 2 percent

    12%