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  1. Eurobank stays profitable in Q1 with net earnings of 36.5 mln
    Photo by MacroPolis

    EconomyBanking

    . Core pre-provision profit (PPI) fell by 5.4 percent quarter-on-quarter (QoQ), after rising

    5%

  2. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    of Astir Palace, as well as an increase in impairment losses. Core pre-provision income (PPI) rebounded 12

    5%

  3. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter. Pre-provision income (PPI) rebounded by 12 percent quarter-on-quarter to 258 million, attributable to a 13 percent drop in operating expenses and offsetting a decline

    5%

  4. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1 million in the previous quarter. Core pre-provision profit (PPI) rebounded by 1.2 percent quarter

    5%

  5. Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
    Photo by MacroPolis

    EconomyBanking

    by 28.3 percent from last year’s figure of 106.5 million. Core pre-provision profit (PPI) rebounded 4.6

    5%

  6. Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reversed its first-quarter (Q1) net losses of 7 million to profit of 7 million in Q2, resulting in a break-even bottom-line result in the first half (H1) of 2017. At the same time, pre-provision income (PPI) improved by 13 percent quarter on quarter (QoQ) to 292 million in Q2, mostly

    5%

  7. NBG reports net losses in Q2, NPEs down for fifth straight quarter
    Photo by MacroPolis

    EconomyBanking

    -provision income (PPI) fell by 3 percent quarter on quarter (QoQ) to 232 million, reflecting a drop

    5%

  8. Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
    Image via www.eurobank.gr

    EconomyBanking

    . The results were in line with the expectations of industry analysts. Core pre-provision profit (PPI

    5%

  9. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    income (PPI) fell by 15.5 percent quarter on quarter (QoQ) to 196 million, reflecting a drop of 6.3

    5%

  10. Piraeus Bank posts net loss of 19 mln euros in Q3, NPEs continue to fall
    Image via www.piraeusbank.gr

    EconomyBanking

    (PPI) improved by 1 percent quarter-on-quarter (QoQ) to 294 million in Q2, mostly due to other

    5%