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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs... was 86.4 percent, up by 10.9 percentage points. P&L Net interest income in 2023 increased by 46.9 percent
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomy. The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... negative impact on trade deficit evolution was the higher net payments for ships’ purchases. If the latter... contributor to 4-month trade deficit was higher net payments for ships’ purchases offsetting a decline
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingPiraeus Bank’s fourth quarter (Q4) results showed that net profits from continued operations came... reflected net profits of 185 million euros compared to a net loss of 9 million euros in 2017. Pre... 2017. Net interest income (NII) rose by 2 percent quarter-on-quarter (QoQ) and came to 355 million
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingEurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net.... On an aggregate basis, net profits in the first half (H1) came to 25.7 million euros, down by 27.8... and discontinued operations of 4 million. Net results before discontinued operations
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingEurobank recorded net profits of 56.8 million euros in the first quarter (Q1) of 2020 compared to net profits of 32.6 million in Q4. The relevant net profit in Q1 2019 stood at 22 million euros. Adjusted net profit was reported at 59.6 million euros in Q1, and came to 95.4 million in Q4. Core pre
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingAlpha Bank reported net profits of 43.8 million euros for the third quarter (Q3) of 2020 compared to a net profit of 97.5 million euros in Q2 2020. On an aggregate basis, net profits in the nine... the lower wholesale funding and deposit cost. The Net Interest Margin (NIM) remained stable QoQ at 2.3
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomythat the lower trade deficit is attributed to a decline in the net oil import bill and an improvement.... The latter arises from higher net payments for purchases of ships offsetting lower net oil import bill. Higher services surplus is attributed to increased net receipts primarily from the transport
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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingEurobank’s results for the third quarter (Q3) of the year showed net profits after income tax at 61.2 million euros compared to net profits of 37.3 million euros in Q2, a rise of 64.1 percent. This led to nine-month net profits coming to 132.2 million euros, up, by 12.6 percent compared to last
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingEurobank recorded net profits of 53.3 million euros in the fourth quarter (Q4) of 2017 from 61.2.... The report notes that the figure for net profits has been calculated before discontinued operations and restructuring costs. For the whole year, net profits before discontinued operations
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingEurobank recorded net profits of 34.5 million euros in the first quarter (Q1) of 2018, representing a year-on-year (YoY) decline of 5.5 percent versus net profits of 36.5 million euros in Q1 2017. Net results before discontinued operations and restructuring costs point to profits of 57.2 million
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