Search
-
Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBankingto the reclassification of 69 million from loan impairments. Operating expenses edged up 1 percent QoQ to 292... and administrative costs by 4 and 6 percent respectively. The number of branches and employees has... exchanged in H1 due to the implementation of the short-term debt relief measures. The Common Equity Tier 1
18% -
CPI up by 0.9 pct in August, staying positive for eighth consecutive month
EconomyMacroeconomyof 1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday. August’s headline figure is the eighth consecutive positive reading after four years, although it has fallen below the 1... for alcoholic beverages and tobacco (+7.4 percent), transport (+6 percent), and housing (+2.3 percent
18% -
GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomy, and for imports of goods and services to rise by 6 percent. GDP at current prices was static in Q4 after... consumption fell by 1 percent in Q4, picking up pace from the decline of 0.2 percent noted in Q3. General..., travel receipts were foreseen to increase by at least 1 billion and range between 14.2-14.5 billion
18% -
Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking. P&L NII rose by 1 percent QoQ, slowing from an increase of 1.3 percent in Q3, and stood at 373... implementation Greek banks are expected to increase provisions by roughly 6 billion euros. The IFRS 9... the total impact for the first year is expected at 16 bps. Capital The phased-in Common Equity Tier 1
18% -
Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking, impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from... are expected to increase provisions by roughly 6 billion euros. IFRS 9 becomes effective as of 2018... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51
18% -
Newsletter 162 -18/05/2018
laid out for the coming years would be applied as initially intended, which means that the 1 percent... to pensioners just before the pension cuts take effect on January 1. According to Energy Minister... times. It concluded that PPC would be considered viable at a debt to earnings ratio of between 4 to 6
18% -
The race to reduce Greece's bad loans
EconomyBankingand unsecured overdrafts which have not been serviced for around 5 years, coming to a total of 1 billion... to around 6 percent of the total outstanding principal amount, will be capital accretive adding..., totalling roughly 1 billion euros, which are collateralised. With strong interest in all bad loan sales so
18% -
Newsletter 169 -06/07/2018
of not having to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might... growth will outpace imports, growing on average by 6 percent, compared to 5.5 percent for imports... by 2020 and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1
18% -
NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingof 6 percent of the principal amount, which they said represents the most capital accretive... of small enterprises, totalling roughly 1 billion euros, which are collateralised. P&L Net interest income... covered bonds. Capital The Common Equity Tier 1 (CET1) ratio stood at 16.2 percent in Q2 from 16.5
18% -
General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomyperiod, rising by 443 million (1 percent) to 43.03 billion in the first seven months of the year... lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total... at 350 million euros. Gg entities came to around 4.30 billion, declining by a slight 6 million. Non-gg
18%