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  1. NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a net loss of 35 million euros in the third quarter (Q3) of 2017, slowing from a loss of 156 million euros in Q2. This resulted in aggregate bottom-line results of a net loss of 178 million euros. The Q3 result inc...

    3%

  2. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net loss of 60 million euros in the fourth quarter (Q4) of 2017 from continued operations, deepening from the loss of 44 million in Q3. This resulted in full-year bottom-line results coming to a net loss of 163 m...

    3%

  3. NBG reports full year net profits of 50 million euros from continued operations
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 1 million euros from continued operations for the fourth quarter (Q4) of 2018, declining from profits of 9 million noted in the third quarter (Q3). Factoring in discontinued operations, net results ...

    3%

  4. NBG reports net profits of 131 mln in Q1, accelerating profitability
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 131 million euros from continued operations in the first quarter (Q1) of 2019, gaining on the profits of 8 million euros reported in Q4. The figure for the same quarter last year stood at a profit o...

    3%

  5. NBG reports net profits of 122 mln in Q2, highlights successful bond sale
    Image via www.nbg.gr

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations in the second quarter (Q2) of 2019, down from profits of 131 million euros reported in Q1. Quarter-on-quarter (QoQ), this represents a decline of 7 percen...

    3%

  6. NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 171 million euros from continued operations in the third quarter (Q3) of 2019, compared to 122 million euros in Q2. Factoring in discontinued operations, profits stood at 16 million in the quarter c...

    3%

  7. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    The Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic. The survey was carried out by the Institute for Tourism Research and Forecasting on behalf...

    3%

  8. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net loss of 2.5 billion euros in the first nine months of the year (9M), compared to profits of 134 million euros in 9M 2020, due to booking losses from its Galaxy NPE portfolio securitisation. The Galaxy transaction had an impact ...

    3%

  9. NBG reports profits of 833 mln in 2021
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 833 million euros from continued operations in 2021, compared to a profit of 590 million euros in 2020, improving by 41 pct. Pre-provision income (PPI) stood at 1.12 billion euros, down by 34 ...

    3%

  10. Central government reports 853-mln primary cash surplus in Feb as spending is contained YoY
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    Greece’s central government recorded a primary cash surplus of 853 million euros in February, from a deficit of 891 million euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday. The overall cash balance was a ...

    3%