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BoG report highlights economic challenges, proposes way forward
Economywas achieved mostly by write-offs and not active NPL management. BoG also raises a concern over... of 20 percent of NPL ratio by the end of 2021. The bank reiterates that this pace of reduction... by investment.” The drastic reduction of the NPL problem based on the BoG and finance ministry’s
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingat the end of 2019. NPL formation dropped by 1.7 billion in Q2, marking a fifth consecutive quarter of declines, bringing the total to 11.1 billion euros. The NPL ratio came to 25.9 percent from 29 percent in Q1 while the NPL coverage ratio edged down to 69.1 percent. Eurobank noted that it currently has
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingthe first quarter of 2020. The NPL balance came to 10.5 billion euros. The NPL ratio came to 23.7 percent in 2019 from 29.3 percent in 2018 while the NPL coverage ratio landed at 68 percent
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingwill be offset by payment moratoria. The domestic non-performing loan (NPL) remained unchanged at 7.5 billion euros. This led the group NPL ratio to stand at 21.8 percent. The NPL coverage ratio stood
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingratio stands at 15.6 percent and total provisions account for around 60 percent of NPEs in Q1. The NPL balance came to 10.8 billion euros. The NPL ratio came to 24 percent in Q1 from 23.7 percent in Q4 2019 while the NPL coverage ratio came to 67.1 percent from 68 percent in Q4. P&L NII fell by 2.1
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NBG results show net profits of 465 mln euros on strong income
EconomyBankingfrom 56 percent in Q1 2020, showing a rise of 90 bps QoQ. The domestic non-performing loan (NPL) edged down to 7.1 billion euros in Q2 from 7.5 billion euros in Q1. This led the group NPL ratio to stand at 20.9 percent. The NPL coverage ratio stood at 81.9 percent. Regarding sales, a domestic
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingpercent, while NPE coverage increased to 44.4 percent. Total coverage stands at 101.3 percent. NPL... stood at 14.7 billion, unchanged from Q1 2020. The group NPL ratio stood at 30.2 percent, down from 32.7 percent a year ago. The NPL coverage ratio stood at 64 percent, while total coverage including
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Eurobank net results show profit of 176 mln in H1
EconomyBankingsecuritisation. The NPL balance came to 4.8 billion euros. The NPL ratio came to 12 percent in H1 from 25.9 percent in H1 2019 while the NPL coverage ratio came to 77.5 percent from 69.1 percent in H1. P&L NII
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Eurobank net results show loss of 1.08 bln in 9M
EconomyBankingto 62.5 percent in 9M. The NPL balance came to 4.8 billion euros. The NPL ratio came to 11.7 percent in Q3 compared to 12 percent in Q2. NPL coverage ratio came to 79.7 percent from 68.6 percent in 9M
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NBG results show net profits of 602 mln euros in 9M
EconomyBanking. The domestic non-performing loan (NPL) edged down to 7 billion euros in Q3 from 7.1 billion euros in Q2. This led the group NPL ratio to stand at 20.4 percent. The NPL coverage ratio stood at 81
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