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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomyof Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101... months, the corporate sector has posted cumulative marginal net deductions of 10 million, while... since early 2011 with cumulative net deductions of 40.8 billion over this period dragging down the loan
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingAlpha Bank remained profitable for the second straight quarter in Q4 2016, with net profits of 20.1 million euros from 41.1 million in the previous quarter. For the whole year, the bank recorded net...) to 301.6 million in Q4, mostly reflecting a rebound in net interest income (NII). Asset quality
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingNational Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net... reported net profits of 53 million from huge losses of 2.61 billion in 2015, which included extended... year, core PPI rose by 29 percent to 881 million, mostly on the back of improving net interest
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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomyThe employment balance remained positive in April 2017, with net hirings rising to 92,132 from... by the 45-64 group (+25,854). The biggest contributor to net hirings were accommodation (+45,763), mostly due... figures for the 4-month period point to net hirings of 125,770, up by around 1,000 from last year’s
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingEurobank remained profitable in the second quarter (Q2) of 2017, with net profits slightly... percent quarter on quarter (QoQ) to 215.9 million largely on improved net interest income (NII... (provision over net loans) of 1.9 percent from 1.94 percent in Q1 and 2 percent in H1 2016. Balance
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Net job hirings balance turns negative by 98,420 in October
EconomyMacroeconomyperiod. The net balance for September showed hirings outpacing departures by 17,128. Compared... for the over 65 age group. The biggest industry sector contributing to net hirings was education (22,049.... The aggregate figures for the ten-month period point to net hirings of 167,451, up by 5,256 from last year
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingAlpha Bank’s reported net profits stood at 35.5 million in the third quarter (Q3) of 2017... with expectations from industry analysts. On an aggregate basis, net profits for the first nine months... percent quarter on quarter (QoQ) to 309.4 million on the back of declines in both net interest income
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Net job hirings balance turns positive by 16,628 in February
EconomyMacroeconomyThe employment balance returned to positive ground in February as hirings outpaced departures by 16,628, data from the Labour Ministry’s Ergani information system revealed. The net balance... net hirings of 86, up by 4,965 compared to the net balance of -4,876 noted for the same period last
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingAlpha Bank reported net profits of 65.2 million euros for the first quarter (Q1) of 2018, reversing... percent higher than the results posted for Q1 2017, which stood at a net profit of 48.2 million... net interest income (NII). The difference year-on-year (YoY) was a decline of 9.7 percent compared
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingAlpha Bank reported net results as neutral in the fourth quarter (Q4) of 2018 compared to a profit... originating from continued operations. On an aggregate basis, net profits for the full year came to a profit... at 84 percent, 47 percent and 89 percent. P&L Net interest income (NII) was unchanged at 427 million
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