Search
-
Marginal net losses of 2 mln for Alpha in Q1
EconomyBankingin the corporate lending sector with the non-performing loan (NPL) formation increasing to 275 million in Q1 from 214 million euros in Q4. In Greece, corporate NPL formation rose to 223 million in Q1 from 127... classified as non-performing exposures (NPEs). As a result, the NPL ratio edged up to 37.4 percent
10% -
Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingloan (NPL) formation turned positive to 154 million in Q1 for the first time since Q1 2016. The bank... (22 million and 17 million, respectively). A negative NPL formation of -8 million was recorded only in SBLs. Overall, the NPL stock edged down to 17.5 billion due to write-offs, while the NPL ratio
10% -
Newsletter 120 - 26/05/2017
with funding later. Figures reveal national pension profiles NPL formation turns positive while SMEs.... The release of three core banks’ first-quarter (Q1) results revealed that non-performing loan (NPL... programme review. Despite negative NPL movement, NPE and NPL stocks were reduced, largely due to write
10% -
NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBanking-performing loan (NPL) formation turned negative (-52 million) in Q2 from a positive figure of 137... in mortgages (25 million) and small business loans (17 million). As a result, the group NPL ratio marginally improved to 33.8 percent in Q2 from 33.9 percent in Q1, while the NPL coverage ratio stayed flat
10% -
Banks focus on defining challenge of reducing NPEs
EconomyBankingthe NPE balance to under 20 billion euros by 2020, and the NPL balance to under 10 billion euros... undertaken by CEPAL Hellas Financial Services, which is the first NPL servicer licensed in Greece. NBG is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
10% -
Greek banks push for return to normality
EconomyBankingof the year, Greek banks had achieved their NPL reduction targets. Compared to the March 2016 peak, NPEs... of 93.6 billion. NPL stock came to 63.9 billion, landing exactly on target for the quarter...) in September, Greek banks will step up portfolio sale activity and other NPL reduction methods, reducing
10% -
Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingof 16.5 million in Q2. Since September 2017, NPL stock has declined by 3.6 billion. By segment, NPL... 2018, the NPL ratio for Greece stood at 32.9 percent and at 34.1 percent on a group level. The business, mortgages and consumer NPL ratio for the bank stood at 31.8 percent, 37.5 percent and 34.5
10% -
Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingwere reduced by 2 billion euros. By segment, NPL formation in the retail segment fell by 255 million... seen in consumer loans. At the end of December 2018, the NPL ratio for Greece stood at 32.4 percent and at 33.5 percent on a group level. The business, mortgages and consumer NPL ratio for the bank stood
10% -
NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingtime, domestic non-performing loan (NPL) formation dropped by a substantial 794 million euros compared... (-29 million euros) and consumer loans (-1 million). This led the group NPL ratio to stand at 28.2 percent. The NPL coverage ratio inched up to 80.7 percent. Regarding NPL sales, the bank highlighted
10% -
H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingbalance sheets with the total currently standing at 26.1 billion. NPL stock stood at 17.36 billion... and NPL stocks of 11.1 billion. NBG currently has the smallest amount of bad loans on its books, with the bank reporting that domestic NPE stock stood at 12.9 billion and NPL stock came to 9.1
10%