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Greek stocks almost unchanged at end of roller coaster week
Economythe 35-million mark in the first two sessions but it fell substantially in the succeeding three sessions... points on Friday with cumulative losses of 20.5 percent in the post-capital controls period. Bank shares... have lost two-thirds of their value amid heightened concerns regarding their capital needs
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomyat the end of March with the absolute figure above the 100-billion mark. The new legal framework... programme was fuelled by the imposition of capital controls in late June, leading to a recession in 2015... Single Supervisory Mechanism (SSM) will announce Greek banks’ capital needs on October 31, while
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Greek stocks jump 2.8 pct during week on improved market sentiment
Economyby increased trading activity, with the average daily turnover climbing above the 100-million-euro mark... the conclusion of the sale of its banking operations in FYROM to the Swiss Silk Road Capital. According to the bank, the transaction is capital neutral and is part of its restructuring plan. Alpha also said
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingexpenses and depreciation charges. As a result, the cost-to-income ratio fell below the 50-percent mark... million) adding that both transactions are expected to be capital accretive with positive P&L impact... the conference call that this would be more challenging before the full lift of capital controls
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Newsletter 85 - 05/08/2016
likely surpassed the five-billion mark in July, from a monthly average of 3.7 billion in the previous... successive Although capital controls have been eased, S&P does not expect any meaningful deposit inflows... losses, coupled with the return of the unused 10.93 billion EFSF bonds, partly mitigated by a capital
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Newsletter 89 - 23/09/2016
percent, just shy of the 600-euro mark, while foreign arrivals increased by 5.8 percent to 4.66 million... in capital goods grew at the double-digit rate of 14.4 percent, with consumer durables and intermediate... to lower net transport receipts, mainly attributed to capital controls. Travel receipts fell
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Stocks up by 4.7 pct, rising for third straight week
Economywith the turnover well above the 100-million-euro mark in the first four sessions, while slowed to 74... of capital controls on Thursday, recording the longest positive streak (13 gaining sessions in a row... share capital surpassed the 5-percent threshold and stood at 5.023 percent. Folli-Follie Group (FFG
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingprofit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net... increased by 6 percent. Overall deposits stood at 47.4 billion euros in 2019. Capital The pro-forma CET1 ratio as of Q4 2019 was 14.8 percent and total capital ratio at 16.8 percent proforma
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomythe 4-percent mark forecast by the Greek government and latest European Commission estimates published... fixed capital formation was another factor negatively affecting GDP evolution. It plummeted 12.8... to 2007, mainly due to a slump in gross fixed capital formation by 64.4 percent and a 23.7 percent
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingthat, despite the year to date deposit outflows, the group ratio still stays below the 100-percent mark... in Q4 and excludes state preference shares as well as committed future capital actions. These mainly... plan envisaged the disposal of a 26.9 percent stake, 20 percent via capital increase and 6.9 percent
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