Search
-
Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingand completed, with one taking place this year and one in Q1 2020. These are worth close to 1 billion euros in total and consist of individual corporate loan sales and an unsecured portfolio. Overall... coverage ratio standing at 48 percent, and total NPE coverage at over 100 percent. The bank
26% -
Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingentered into a strategic agreement with Intrum for the management of NPLs worth a total of 27... that will manage the real estate owned assets portfolio, which contains properties worth around 1 billion... inflows, plus third party REOs. The agreement values the platform at 410 million euros. The total
26% -
IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomy, which was scheduled to bring 1 percent of GDP in added revenues next year, and the new... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year... a small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF
26% -
Newsletter 248 -24/04/2020
of total employment, adding extra value of 1.1 billion. A digital reboot of this size would boost... percent YoY. Travel payments also increased by 1 percent and came to 166.7 million. Foreign arrivals... percent YoY. Average expenditure per trip rose by 1 percent to 370.9 euros in the aggregate period, versus
26% -
Eurobank net results show profit of 176 mln in H1
EconomyBankingnow stands at 15.3 percent in H1 compared to 32.8 percent in H1 2019. Total provisions account... III programme. Greek deposits decreased by around 200 million QoQ to 32.7 billion, with total... the same period from 86.5 percent in H1 2019. Capital The phased-in Common Equity Tier 1 (CET1) ratio came
26% -
Newsletter 298 - 28/05/2021
up to 72 months. In total, more than 40 billion euros of Greece’s own resources as well as European... June 1, there will be no more protection for main homes, leaving homeowners who have run into debt... euros. The total NPE stock came to 21.3 billion euros. Impairment losses on loans stood at 390.6 million
26% -
Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingand 7 billion euros from Sunrise 1. Piraeus intends to have 3.6 billion euros of NPEs in early 2022... in H1 increased by 17 percent year-on-year (YoY) to 177 million euros, while total operating expenses... billion euros, rising by 2 billion from the previous quarter. This full amount corresponded to the full
26% -
Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBanking2021, 7.2 billion euros of Sunrise 1 in Q3 2021 and 2.7 billion euros of Sunrise 2 in Q4 2021... 90 million euros in 2020. Total operating expenses stood at 933 million, a drop of 14 percent YoY... to 11.2 percent pro forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio
26% -
Newsletter 345 - 08/07/2022
survey on May 18. However, support for SYRIZA has also risen by 1 point during that period... the conservatives’ increase of 2 points, rising to 26.4 pct. PASOK is seen gaining 10 pct. It should... electricity bills, with a total fiscal cost of more than 700 million euros. This takes the total
26% -
Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln
EconomyMacroeconomyyears) debt made up 71.4 percent of the total, while short-term (up to 1 year) and medium-term (1...Greece’s central government debt recorded a drop of almost 2 billion euros to 402.88 billion euros... by 2.5 billion euros of more bonds. FSM loans continue to make up the bulk of the total, accounting
26%