Search
-
Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomyFollowing two years during which Greece was allowed, thanks to the SGP escape clause, to run substantial deficits to protect its economy from the impact of the pandemic, 2022 sees some sense of fiscal order returning based on the draft budget submitted to Parliament on Monday. Using the enhanced
22% -
Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingEurobank posted a net loss of 523.7 million euros in the fourth quarter (Q4) of 2014 from 186.6... securities, Eurobank could replace ELA with ECB funding for the 3 billion related to pillar III... percent, also down by 1 percent point QoQ. Eurobank's management stressed that key catalysts for a return
22% -
Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBankingEurobank became on Thursday the third Greek bank to announce a Liability Management Exercise (LME..., Eurobank’s LME does not include a cash consideration option, but only a share exchange at 100... is that the maximum capital boost for Eurobank from the LME could reach 750-780 million. The offer period is expected
22% -
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% -
SYRIZA rebels unveil new group as Kasselakis talks up EP vote prospects
PoliticsGreek Politicsspoke about the lawmakers forming their own group in order to retain their “dignity”. The new group... and broad-minded, which speaks with honesty and clarity.” Tall order The new group will attract attention...The 11 MPs who quit SYRIZA over the past few weeks unveiled the name and logo of their new
22%