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Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
EconomyMacroeconomyin Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... contracted by 0.7 percent in the first half (H1) of 2016, while nominal GDP remained flat. In the course
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Central government debt drops to 323.7 bln in Q3 on bond repayments
EconomyMacroeconomyflat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos... million to 7.16 billion, while loans held by the Bank of Greece stayed flat at 3.32 billion
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingfrom 52.6 percent a quarter ago, while the cash coverage ratio stayed flat QoQ at 49 percent... with the fully-loaded CET1 ratio at 16.4 percent. The tangible equity stayed flat QoQ for yet another quarter
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Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBankingin Q4 from 34.8 percent in Q3. In the Greek market, the NPL ratio stayed flat at 37.7 percent. Moreover..., with NII seen almost flat in 2017. Commission income rebounded 7.6 percent QoQ to 82.2 million. It rose
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyalso represents the second straight negative reading. Moreover, GDP at current prices stayed flat QoQ... YoY following a decline of 0.8 percent in Q4. In 2016, GDP stayed flat on the back of a 0.6 percent
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBanking. Pillar II bonds stayed flat QoQ at 2.5 billion (nominal value). Management noted that a decrease... call, the management noted that so far loans had remained flat across Q2, while deposits have
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingand were flat YoY as external economic environment conditions remained challenging, the bank noted... billion in Q4, while eligible deferred tax credit (DTC) also stayed flat at 4.1 billion. 2020 Agenda
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingdue to other income. Net interest income (NII) and operating expenses stayed broadly flat. Asset... flat QoQ at 436 million euros as the positive impact from the lower funding cost was outweighed
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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingformation remained flat. In contrast, NPL formation stayed positive but substantially reduced, standing... expenses remained more or less flat at 223.2 million. On an aggregate basis, the figure fell by 2
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingremained flat, reversing the Q1 trend of contracting. The loan to deposit ratio in Greece fell to 119... stood at 18.3 percent, remaining flat QoQ. This stemmed from profit in the previous period carrying over
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