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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingmillion, beating the expectations of industry analysts. This was mainly due to lower Eurosystem funding... pressure on spreads. Balance Sheet Eurosystem funding declined by 1.1 billion euros QoQ to 10 billion... inflows and higher interbank repo. Emergency Liquidity Assistance (ELA) funding in particular fell to 5.3
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EquiFund makes official launch in bid to grow Greek businesses
EconomyFeaturesis to leverage around 500 million euros in funding to support business growth. By providing loans... (EU) along with funding from the European Investment Bank (EIB) through the European Fund... develop businesses in Greece and encourage their growth. It outlines several stages at which funding
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Deposit inflows reach 1.30 bln in August on increased sight deposits
EconomyMacroeconomythat Eurosystem funding fell by 382.1 million euros in August. August’s movement brings the total for central bank funding to 12.63 billion euros compared to July’s sum of 13.02 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.04 billion.
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Deposit inflows come to 102 mln in September, slowing from recent months
EconomyMacroeconomyto 147.47 billion. The BoG’s most recent monthly financial statement showed that Eurosystem funding... for central bank funding to 12.23 billion euros compared to August’s sum of 12.63 billion euros. Since the start of the year, Eurosystem funding has declined by around 21.44 billion.
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October deposit inflows turn negative by 345.5 mln for first time since January
EconomyMacroeconomyto 147.98 billion. The BoG’s most recent monthly financial statement showed that Eurosystem funding... for central bank funding comes to 13.20 billion euros compared to September’s sum of 12.23 billion euros. Since the start of the year, Eurosystem funding has declined by around 20.47 billion.
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Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
EconomyBankingwill gradually have a positive result on the cost of risk for Piraeus Bank. Balance Sheet Eurosystem funding... billion in June. The bank notes that the drop came from shifting interbank repo funding with funding from the ECB’s main refinancing operations at zero cost, utilising its 4 billion euro ECB eligible
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December deposit inflows hit six-year high of 3.15 bln
EconomyMacroeconomy’s most recent monthly financial statement showed that Eurosystem funding fell by 978 million euros month-on-month in November. As of November’s data, the total for central bank funding comes to 12.23..., Eurosystem funding has declined by around 21.45 billion. The BoG also announced on January 24, 2019
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBanking, management said. Balance Sheet Eurosystem funding was unchanged QoQ at 1.3 billion euros in June 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now representing only ECB liquidity. YoY, Eurosystem funding has fallen by 12.5 billion. Greek deposits
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingto date, loan impairments amounted to 223 million (CoR at 105bps). Eurosystem funding remained at 2.3... Assistance. The total amount currently consists of TLTRO funding from the ECB, with the Bank enjoying..., stemming from further funding cost optimisation. Capital Pro forma for 9M’s net profits and impact
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingEurosystem funding came to 1.9 billion in 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now representing only ECB liquidity. Since 2016, Eurosystem funding
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