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Greek jobless rate remains stuck at 27.3 pct for third month
Economyin April, 3,600 lower than March. The cumulative drop over the past five years stands at 23.5 percent. The number of unemployed amounted to 1.3 million in April, slightly lower than the March figure by 1,300... people - who are not measured in the labour force – remained flat for the second straight month at 3.37
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingbetter than the consensus. The financial performance this year showed net loss was trimmed to 57.4.... The slight improvement mainly reflects higher deposit NII and lower funding cost, which more than offset...). The fully loaded Basel III CET1 remained flat QoQ at 12 percent. Ahead of the 2014 EU-wide AQR
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Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011
EconomyMacroeconomyremained flat MoM for the third consecutive month at 213 million. After a deceleration in September... than 200 million MoM to 26.59 billion, while the monthly flow turned negative with net deductions at 97... by more than 450 million euros MoM, for the first time since June, to 101.58 billion. The annual rate
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingfrom gains of 17 million in Q3, which more than offset lower operating expenses and a positive impact...) remained flat QoQ at 2.7 percent as the 8 basis points (bps) improvement in the deposit spread was offset... of 120 million in 2015. At the end of 2014, the group’s headcount was reduced by more than 1,740
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomy, the time deposit rate remained broadly flat over this 6-month period, close to the lowest level... of competition was the key reason for the broadly unchanged rate. In 2012, there were more than 15 banks..., it remains more than double compared to the eurozone average rate of 0.88 percent and steadily above
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Newsletter 96 - 18/11/2016
for Greece and a relaxation of austerity would have any greater impact than boosting morale in the Greek... on Thursday. Athens, though, did not give up its hope that it may be able to push for something more than... by 0.5 percent QoQ and 1.1 percent YoY. Following the Q3 performance, real and nominal GDP remained flat
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Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
EconomyMacroeconomyfor amounts over 1 million euros, where the interest rate climbed 97 bps to 4.91 percent and more than... was recorded in the rate for loan amounts less than 250,000 euros, while that for amounts between 250,000 and 1 million euros remained almost flat at 5.33 percent. Following the evolution in October
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyis worse than the 0.4 percent contraction posted in the flash estimates released on February 14... of 2 percent in Q3, which also reflected a low base effect. The Q4 figure is also worse than the flash... stayed flat QoQ and rebounded 12.1 percent YoY. Overall, total exports fell 1.5 percent in 2016 entirely
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBanking, the NPL stock declined further by more than 1 billion QoQ to 24.38 billion in Q4 from 25.35... was more than offset by loan deleveraging and further pressure on loan spreads. For the whole year, NII... of 2016. Gross loans increased by more than 1.4 billion euros QoQ to 66.6 billion in Q4, yet
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyfor the second straight month, more than doubling to 659 million in April from 307 million in March... million in the previous month. Balance stayed flat at 13.08 billion. In contrast, deductions... has prevailed in the Greek banking market. The loan balance has dropped by more than 25 percent amid
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