Search
-
Alpha, Eurobank sign agreement with KKR for management of NPLs
EconomyBankingIn a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding... and operational expertise for banks’ non-performing and non-core exposures. Alpha and Eurobank stressed... formation (in absolute terms) in Q1 2016 is broadly similar to that reported in Q4 last year. Eurobank
22% -
Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016
EconomyBankingEurobank recorded net profits of 38.3 million euros in the fourth quarter (Q4) of 2016 from 85.4... insurance unit, Eurolife ERB. For the whole year, Eurobank turned profitable for the first time.... Based on the current stock price of 0.583 euros, Eurobank share is trading 0.23x its Q4 tangible book
22% -
Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingEurobank remained profitable in the second quarter (Q2) of 2017, with net profits slightly.... It was also announced that Eurobank plans to sell a consumer NPL portfolio of 1.5 billion, of which 600... to be completed by October, the bank’s total capital ratio is seen at 17.1 percent. Eurobank is also
22% -
Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingEurobank recorded net profits of 29 million euros in the fourth quarter (Q4) of 2018 from 58.8... with Grivalia is set to leave Eurobank with the highest total capital ratio in Greece. P&L NII rose... percent. Fokion Karavias, CEO of Eurobank, noted that the bank had met all its strategic and business
22% -
Eurobank net profit jumps by 80 pct to 287.2 mln in Q1
EconomyBankingEurobank posted a net profit of 287.2 million euros in Q1, compared to 159.4 million euros... billion euros, down by 800 million euros YoY. Eurobank’s NPE ratio stood at 3 percent in Q1, down by 2.1... 17.2 percent, up by 170 basis points annually. Eurobank expects to distribute a dividend of 342 million
22% -
Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
EconomyBankingEurobank posted a net profit of 721.3 million euros in H1, compared to 684 million euros... euros YoY. Eurobank’s NPE ratio stood at 3.1 percent in H1, down by 2.1 percentage points YoY... the capital adequacy ratio was 19.3 percent. Eurobank distributed a dividend of 342 million euros, which
22% -
Greek stocks edge up 0.8 pct for third successive week
Economyas in Aluminium of Greece. Eurobank and NBG said they will release third quarter results on November 16 and 23
20% -
Greece's primary surplus: Much ado about nothing?
Agorapercent of GDP) excl banks’ support cost under ESA95 rules. This was trimmed to 812 million (0.4 percent... served as senior bank analyst at ex-P&K Securities and investor relations officer at Eurobank. Manos
20% -
Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyEurobank kicked off Greek banks’ reporting season for the first quarter (Q1) of the year by announcing a net loss of 94.4 million from 207 million in Q1 2014 and 523.7 million in Q4. Note, though... On the liquidity front, Eurobank posted a sharp drop in deposits by 5.9 billion, which corresponds to a decrease
20% -
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingEurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss of 175.3 million euros from a profit of 405.6 in Q3. The previous quarter positive bottom-line result... percent in Q4 with the fully-loaded Basel III ratio at 13.1 percent. Eurobank’s international
20%