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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economybefore and that of Greek individuals to 1.51 percent from 9.08 percent previously. Eurobank A broadly similar pattern is evident in Eurobank’s shareholders’ structure. The HFSF now controls just 2.38... new shares. Bondholders who accepted the LME hold 13.79 percent of shares, while Eurobank insurance
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking. Eurobank was the only bank out of the four systemic lenders to post weaker profits in this half... million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6..., taking the total to 594 million. Eurobank’s net fee and commission income rose by 13 percent YoY to 156
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Newsletter 298 - 28/05/2021
share capital raise as Eurobank sees modest profit increase Three of Greece’s system banks reported Q1 earnings this week, with just Eurobank able to report a net profit, as Alpha Bank and Piraeus Bank... quarter of 2020. Eurobank, which booked its “Cairo” securitization in 2020, posted a net profit
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Newsletter 365 - 13/01/2023
in Piraeus Bank, 9 pct in Alpha Bank, 1.40 pct in Eurobank and almost 63 pct in the smaller size Attica...: Alpha Bank, Eurobank, NBG and Piraeus Bank. In the first round of recapitalisation, The HFSF’s... billion in Piraeus, 5.73 billion in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingpct in Eurobank and almost 63 pct in the smaller size Attica Bank. The Greek government sees HFSF’s... euros, of which 27.5 billion related to the four core banks: Alpha Bank, Eurobank, NBG and Piraeus.... Of that amount, 8.46 billion was injected into NBG, 6.85 billion in Piraeus, 5.73 billion in Eurobank
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NPL resolution in Italy and Greece
Agoraand Eurobank are teaming up with the US private equity firm KKR to provide capital and manage exposures... who least deserve it in Greece, namely strategic loan defaulters. Various estimates point to about... numbers. In Italy, the total non-performing loan exposure of banks reached an estimated 360 billion
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomy. Athens now sees 2017 growth settling at 1.6 percent, well below the initial estimate. The Finance...). In fact, private consumption only grew by half the original estimate, 0.9 percent. Investment also reached just over half the estimate, increasing by 5.1 percent. The growth of exports did
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyfor 2016. The MoF, Bank of Greece (BoG) and the EC estimate a mild GDP contraction of 0.3 percent, while OECD’s estimate stands a bit lower at 0.2 percent. In contrast, IMF sees a marginal GDP expansion of 0.1 percent. For the full year MoF and EC estimate of a GDP contraction of 0.3 percent to be met
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Greek current account deficit rises to 709 mln in February
EconomyMacroeconomyparticipation in the capital increase of Eurobank Properties. It is also noteworthy that under... forecasts for a C/A deficit of between 1 and 2 percent of GDP. The BoG's latest estimates point... respectively. In its updated World Economic Outlook published earlier this month, the IMF estimates
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingFollowing Eurobank, Alpha also reported net loss of 533.1 million euros in the fourth quarter (Q4.... The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... and assuming the macro consensus estimates are realised, the bank expects a positive bottom-line reflecting
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