Search
-
Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingAssistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December..., to 14.4 billion euros leading to an increase of the NPE coverage for the group by 5 percentage points
13% -
Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
EconomyMacroeconomy, which was very slightly over target by 3 million. A smaller rise of 5 percent was also noted... month's figure, but below target by 7 million and significantly lower than the figure for the same time
13% -
Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking. This will be achieved through a combination of restructurings, curings, liquidations and collections (-7 billion euros... in credit card debt and unsecured overdrafts which have not been serviced for around 5 years, coming
13% -
Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB... Test exercise, the results of which were brought forward for Greek banks and published on May 5
13% -
The race to reduce Greece's bad loans
EconomyBankingand December 2019 through a combination of restructurings, curings, liquidations and collections (-7 billion... and unsecured overdrafts which have not been serviced for around 5 years, coming to a total of 1 billion
13% -
Newsletter 168 -29/06/2018
from SYRIZA, 7 from ANEL) in the 300-seat Parliament. The departures have created a negative trend.... Primary expenditure stood at 16.10 billion euros, above target by a slight 5 million euros. Net
13% -
Piraeus enters agreement for sale of 2.2 bln loan portfolio
EconomyBanking. The consideration of the transaction equals 5 percent of the 1 billion outstanding principal amount..., liquidations and collections (-7 billion euros) and NPE sales (-3.5 billion euros). Piraeus Bank expects
13% -
Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingfor the first half (H1) of the year came to 12.3 million euros. Core pre-provision profit (PPI) rose by 5... and spread reduction in Q2 had a negative impact of 7 million euros. Lower interest income from bonds
13% -
Travel balance up by 1.4 pct in August as EU arrivals jump by 17 pct
EconomyMacroeconomy, receipts rose by 5 percent to 1.78 billion. Receipts from travellers within the EU but not euro... under 7 million. Arrivals from outside the EU rose by just 0.1 percent to 6.1 million. In total
13% -
After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgramme-annually until June 2022. Greece expects to receive in total close to 5 billion over the period, meant... to raise 7 billion euros from the markets in 2019, if conditions permit. According to the newspaper’s
13%