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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBanking, beating the target by 500 million. On an annual basis the reduction came to 2.8 billion euros... in Q4. The reduction in Q1 beat the bank’s target by around 500 million euros. Against the same period
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingof confidence and the easing of liquidity conditions in the economy. Out of the deposit inflows, 500... by 2.6 billion along with 500 million euros which stemmed from a covered bond issuance. Overall
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomyof the 500 million euros Tier II issue that the bank has planned to raise capital as part of its... costs. According to the bank’s capital strengthening plan, around 500 million euros will need
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Newsletter 189 -11/01/2018
to cover nearly all of the 500 million euros Tier II issue that the bank has planned to raise capital... while reducing operating costs. According to the bank’s capital strengthening plan, around 500
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBanking(NPE) formation in Greece fell for the eighth quarter in a row by around 500 million euros QoQ... billion euros in 2018, up by around 500 million euros due to the recognition of additional DTAs
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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicsof up to 500 euros would receive an amount equal to 100 percent of their monthly retirement pay... of these earn less than 500 euros a month) and that the legislation to be submitted to Parliament
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Newsletter 205 -10/05/2019
of a bonus. Those earning pensions of up to 500 euros would receive an amount equal to 100 percent... less than 500 euros a month) and that the legislation to be submitted to Parliament later this month
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingeuros, representing a rise of 2 percent year-on-year (YoY). Asset quality NPEs fell by around 500... portfolio of secured shipping loans with a gross book value of around 500 million. Overall, management
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Greek banks maintain focus on key areas as elections approach
EconomyBankingof 2 billion euros in mortgages, and Cairo, consisting of 7 billion euros in non-serviced loans 500... between 300 and 500 million euros. Alpha Bank is working on fast tracking its bad loan sales while
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBanking, the bank has so far completed the sale of the Project Nemo portfolio, worth 500 million euros... to 38.2 billion. The domestic performing loan book increased by 500 million with business lending
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