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PM prioritises saving lives as govt fire strategy comes under more scrutiny
PoliticsGreek PoliticsA wildfire that broke out on Tuesday north of Athens has put the government’s ability to tackle... than its predecessor, SYRIZA. Authorities were hopeful that the fire, which broke out in Varibobi... of the Mati fire in 2018, which caused more than 100 deaths and for which the then SYRIZA government
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingin 9M 2014 as well as deferred tax asset (DTA) of more than 600 and 400 million for the two periods respectively. Core pre-provision income (PPI) - excluding trading income and one-off expenses – rose... percent QoQ to 491 million euros, reflects higher deposit NII and lower funding cost more than
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBanking. Pre-provision income (PPI) more than halved quarter on quarter (QoQ) to 111 million, mainly... of December, while more than doubled in the first two months of 2015 to 29.2 billion at the end of February
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankinglower operating expenses and impairment losses. Core pre-provision income (PPI) - excluding trading... percent. Over the last twelve months, the headcount has been reduced by more than 1,700 to 15,149..., Q1 figure returned to normal levels at 426 million, which however is higher than the respective
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Net profit of 87 mln for NBG in Q1
EconomyBanking) of 2016 from a loss of 2.05 billion in Q4 and 159 million a year ago. Core pre-provision income (PPI... deposit repricing, which more than offset weaker loan NII primarily due to deleveraging. Stripping out... expenses of more than 160 million from the reduction in the utilization of those bonds as guarantees
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingEurope from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8.... Gross loans slipped by more than 100 million euros QoQ to 66.19 billion, while deposits increased... formation of more than 500 million in H2.
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingmillion in Q1. Core pre-provision income (PPI) improved by 7 percent quarter on quarter (QoQ) to 247... for the fourth successive quarter, at 106 million in Q2 less than half the Q1 figure of 260 million... and by another 1.7 billion to 13.2 billion in August. In particular, ELA funding more than halved from 11
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agorarose by less than 100 and 300 million euros respectively in Q2. Overall, the NPE ratio remained stable... of pillar II bonds. The cash value of the latter more than halved to 4.9 billion euros recently from 10... at the high end. Overall, despite the rebound in the core PPI and the anticipated further recovery
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingfrom the disposal of its insurance unit, Eurolife ERB. Core pre-provision profit (PPI) improved... reduction will be higher than 30 percent, while that for corporate NPEs will be around 50 percent... on the Emergency Liquidity Assistance (ELA) funding that more than offset a drop in the loan NII
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingprofits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million. This largely.... Core pre-provision profit (PPI) fell by 5.4 percent quarter-on-quarter (QoQ), after rising.... International operations recorded net profits of 29 million in Q1, slightly lower than the Q4 2016 figure
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