Search
-
Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingPiraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279 million euros, from 331 million euros in 9M 2022. Normalised operating profit was 577 million euros in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5
18% -
Newsletter 454 - 07/03/2025
for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4
18% -
Opposition takes aim at justice minister over offshore holdings amendment
PoliticsGreek Politicsof politicians and certain classes of senior officials from holding shares in jurisdictions which could...The government is being accused of trying to water down the restrictions on the holdings... holdings abroad, something that was previously not allowed. Critics of the amendment claim
16% -
PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomyagenda was the establishment of a holding company, the transfer of a 51 percent stake in ADMIE..., provision of guarantees from the holding company (Energiaki Holding SA) and assignment of existing... to the holding company stands at 491.84 million euros and this amount would constitute the share capital
16% -
Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomyfrom PPC, the establishment of a holding company, PPC transferring to that company a 51 percent stake... general meeting (EGM) on January 12 to approve the establishment of a holding company, the transfer... in ADMIE that is due to be transferred to the holding company. According to the study, the medium
15% -
Coalition not ditching referendum idea from policy options but details muddled
PoliticsGreek PoliticsAs much as it tries, the Greek government cannot escape the issue of if it will consider holding... holding a referendum on whatever is agreed by June “would not be a bad idea” as it would ensure... creditors would be willing to accept. In 2011, when George Papandreou suggested holding a vote
12% -
Domestic pressure over refugee crisis building for Tsipras
PoliticsForeign Policymay become a holding pen for refugees and migrants. However, the increasing isolation of Greece over... is holding with Western Balkan countries in Vienna on Wednesday was a serious blow and has raised..., for holding up the deployment of the NATO reaction force. It may be just a question of time before
12% -
PM seeks to douse snap election talk, points to October polls
PoliticsGreek PoliticsAmid growing speculation that Alexis Tsipras is thinking of rejecting the option of holding snap... reports suggesting that Tsipras is leaning towards holding out until October for general elections... but some commentators have suggested that this would also facilitate the holding of national
12% -
Greek banks eye positive market appetite for bad loan sales
EconomyBankinga holding company. In Piraeus Bank’s preliminary summary ahead of their full 2019 results, the bank... as forthcoming legislative reforms. Alpha Alpha Bank is also holding roadshows in Paris and London this week... will be transformed into a holding company with a transformation date of June 30, 2019. The results
12% -
Newsletter 356 - 21/10/2022
holding in the four systemic banks, the stake in Alpha Bank is 9 pct and Eurobank at 1.40 pct. The HFSF also has a holding of just short of 63 pct in Attica Bank. According to the latest data from... share, a premium from the 1.2 euros closing yesterday. The current holdings HFSF has in the Greek
10%