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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingAlpha 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
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Credit growth stays strong at 10.3 pct YoY in Mar due to corporate lending
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in March, rising by 10.3 percent... on Tuesday showed. The net lending flow was positive by 1.95 billion euros after 1.41 billion euros in February, with strong inflows over the last few months. The outstanding balance was 124.7 billion
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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent... on Friday showed. The net lending flow was negative by 98 million euros after an inflow of 1.95 billion euros in March, with strong inflows over the last few months. The outstanding balance was 124.52
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Newsletter 160 -04/05/2018
increased to 126.02 billion euros. Net deposit movement in the Greek banking system turned strongly.... The net lending flow returned to positive territory with a balance of 219.4 million compared... million with the balance coming to stand at 80.75 billion. Credit to insurance corporations showed a net
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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 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingEurobank recorded net profits of 19.7 million euros in the first quarter (Q1) of 2019, representing a year-on-year (YoY) decline of 42.9 percent versus net profits of 34.5 million euros in Q1 2018. Net results before discontinued operations and restructuring costs point to profits of 27.3 million
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomy. Budget net revenues are forecast to increase by almost 2.3 billion euros to 50.37 billion in 2017... with a net savings impact of 99.4 million involve: 1) Social security contributions and social allowances with estimated net savings of 297.4 million, largely stemming from gradual reduction in EKAS
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations...-on-quarter (QoQ), this represents a decline of 7 percent. For the first half (H1) of the year, net... quarter of the year. P&L Net interest income (ΝΙΙ) rose by 6 percent QoQ to 309 million, which
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingby strong 9M net profits and bond valuation gains (FVTOCI). The upcoming divestment of Ethniki...National Bank of Greece (NBG) reported a net profit of 171 million euros from continued operations.... On an aggregate basis, net profits from continued operations in the first nine months (9M) of the year
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingNational 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
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