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  1. Net job hirings reach new high of 89,534 in May, 5-month figure a record
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed positive in May 2017 with net hirings climbing by around 13,000... old group (+24,276). The biggest contributors to net hirings were accommodation (+42,871), food services (+19.952) and retail trade (+7,833). In contrast, the highest net departures of 8,238 were posted

    13%

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

    EconomyBanking

    National Bank of Greece (NBG) reported net losses of 13 million euros in the second quarter (Q2... attributed to write-offs of around 300 million and a marginally negative net NPE formation (-14 million... at 74.2 percent. NBG’s NPE and NPL coverage ratios are the highest among its domestic peers. P&L Net

    13%

  3. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    Alpha Bank reported net profits of 21.1 million euros for the full year of 2017. Net profits from..., the net result after tax for the fourth quarter (Q4) of 2017 came to a loss of 64 million euros... quarter on quarter (QoQ) to 283.1 million on the back of declines in both net interest income (NII

    13%

  4. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank’s second quarter (Q2) results showed that net profits from continued operations came.... On an aggregate basis, H1 results showed PPI declining by 53 percent to 260 million euros. Net interest income... and deleveraging impact, while quarterly performance remained more or less unchanged. Net fee

    13%

  5. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 131 million euros from continued operations... of this year. P&L Net interest income (ΝΙΙ) rose by 5 percent QoQ to 290 million, which was attributed... from 378 bps in Q4. Net fee income fell by 11 percent QoQ to 59 million and showing a decline of 2

    13%

  6. Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported net profits of 27.5 million euros for the first quarter (Q1) of 2019, improving on the net loss of 1 million euros noted in Q4 2018. The net profits in Q1 2018 stood at 65.2... million, affected largely by lower net interest and fee income contributions. The difference year

    13%

  7. Eurobank posts Q1 net profit of 70 mln
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank posted a net income of 70 million euros in the first quarter (Q1), an increase of 13... percent. P&L Net interest income fell by 1.4 percent YoY and stood at 335 million euros. Compared with Q4, NII increased 1.6 percent. Net fee and commission income rose 6.9 percent YoY to 99 million euros

    13%

  8. Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net loss of 2.91 billion euros in 2021, compared to profits of 104 million... on the bank's results in the second quarter of the year. In the last quarter of 2021, the net loss was 408.1... QoQ in Q4 to 297.8 million euros, from 314.5 million euros in Q3. The net interest margin decreased

    13%

  9. Balance sheet clean-up spurs Piraeus to net profit of 899mln, 1.22bln NII in 2022
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 899 million euros in the full year 2022, from losses of 3... at the start of last year. P&L Net interest income (NII) came to 1.22 billion euros in 2022, versus 991 million euros in 2021. Net fee income increased to 479 million euros from 393 million in 2021, while

    13%

  10. Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank posted a net profit of 180 million euros in Q1 2023, from a profit of 521 million... was steady at 0.8 percent. P&L Net interest income (NII) came to 420 million euros, from 246 million euros in Q1 2022. Net fee income increased to 122 million euros from 106 million Q1 2022, while normalised

    13%