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Results 321 to 330 out of 2013. RSS
  1. What is the state of play with Greek banks?

    Economy

    amid a more favourable domestic macro outlook, while cost and revenue synergies due to recent M&A, other cost cutting initiatives, lower funding cost and disposal of non-core assets will also be taken into account. Lower funding cost is the key top-line positive element stemming from the sharp

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  2. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    of PPI performance are net interest income (NII) evolution and cost containment. NII fell 6 percent... by lower bond NII and higher funding gap cost. Repricing of time deposits, particularly on the backbook.... On the cost front, operating expenses fell 12 percent YoY in H1, while remained flat QoQ

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  3. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    reflects lower funding cost with the Greek deposit spread improving by 17 basis points (bps) QoQ... the expense of government guarantees was also reduced. On the cost front, operating expenses rose from 242... to 975 million implying a cost containment of 5.8 percent from the 2014 figure of 1.04 billion euros

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  4. Piraeus Bank posts net profit of 185 mln in 2018
    Image via www.piraeusbankgroup.com

    EconomyBanking

    the cost of IFRS 9 implementation in the year. On a quarterly basis, the increase was driven by new... percent in the full year to stand at 1.16 billion. Management noted that the rise was due tothe cost... expenses showed a decline of 8 percent. This was attributed to the bank’s cost reduction programme

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  5. Newsletter 331 - 11/03/2022

    Newsletters

    Kyriakos Mitsotakis attempted this week to take the initiative in bringing the cost of power... an additional support package to counter the cost-of-living crisis, which remains a key threat to New... in Ukraine, along with the energy and cost-of-living crises have rekindled speculation about snap

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  6. Newsletter 339 - 27/05/2022

    Newsletters

    PoliticsPoll bounce for New Democracy, but cost-of-living threat lurksFollowing Prime Minister... with the cost-of-living crisis. A Metron Analysis on behalf of Mega Channel made public on Wednesday shows New... of cost-of-living measures. ND gained 1.5 points to reach 28.5 pct, while SYRIZA received a bump

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  7. Newsletter 349 - 02/09/2022

    Newsletters

    PoliticsProbe into phone-tapping launched as ND counts cost of scandalThe government is locked... published over the last few days suggest that although the cost of living remains the issue... over the economy, and the cost of living in particular, rather than the phone-tapping issue

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  8. Newsletter 367 - 27/01/2023

    Newsletters

    record in tackling the cost-of-living crisis, which has so far featured much higher up voters’ list... pledges, focussing instead on defending New Democracy’s record in combatting the cost-of-living crisis... inflation to fall this year, claiming that consumers have seen the worst of the cost-of-living crisis

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  9. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    loan NII mainly due to deleveraging offset by lower deposit expense and funding cost. Deposit repricing coupled with lower Eurosytem funding cost is expected to have a positive impact of circa 350.... The key drivers behind cost cutting involve the phasing-in of the new collective labor agreement

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  10. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    attributed to lower deposit and funding cost and - to a lesser extent - loan margin improvement. Piraeus is the only Greek bank that posted a quarterly increase in NII. Cost containment also reflects... of the targeted fully-phased cost synergies of 345 million and 98 percent of the funding synergies of 160

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