Search
-
Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingthat the nominal value of pillar II bonds declined from 5.2 billion in June to 2.8 billion in September
10% -
Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingin December and further to 13 billion in February. The bank also said that the nominal value of pillar II
10% -
NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBanking. Fee income improved QoQ to 58 million mostly due to lower pillar II costs, while insurance income
10% -
Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingat 9 billion, while the bank no more uses pillar II bonds since April 2016. Piraeus participated
10% -
Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoraon lower government guarantees’ expenses (related to pillar II bonds) coupled with increased usage of cards
10% -
Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBanking. Pillar II bonds stayed flat QoQ at 2.5 billion (nominal value). Management noted that a decrease
10% -
Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesTourism could generate an additional 5 billion euros for the Greek economy annually, according to new research by the National Bank of Greece (NBG). The report highlighted that the tourism industry, a pillar of the national economy, had managed to remain fairly stable through the economic crisis
10% -
Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingbillion in August from 12.2 billion in March. Furthermore, the outstanding Pillar II bonds amount
10% -
Greek competitiveness rank remains low as tax, bureaucracy create obstacles
EconomyFeaturesgrowth. By breaking down the score, it becomes clear that the worst performing pillar for Greece
10% -
Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek Politicsby the White House after the talks, reference was made to Greece being a “pillar of stability” in its
10%