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Lower bad loan provisions and increased write-offs for Greek banks in Q2
Economyand loan adjustment at fair value. BoG noted that the NPE stock remained broadly flat QoQ at around
6% -
Stable rate in time deposits, corporate loan rates pick up in July
EconomyMacroeconomyany material change in July, the weighted average rate on total new deposits remained flat at 0.42
6% -
Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingbillion euros in Q2 from 17.38 billion in Q1 and correspond to 26.2 percent of gross loans, flat QoQ
6% -
Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingpercent in Q2 from 2.81 percent in Q1, while management expects NIM to remain flat by 2017. Fee
6% -
Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomy, revenues remained flat at 2.17 billion, 1.05 billion short of target, while the corresponding
6% -
Greek stocks rebound 2.6 pct during week as banks lead way
Economypositive figure of 19.7 million in the corresponding period last year. Turnover remained flat at 403.5
6% -
Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomyin a deficit of 447 million for August. In the 8-month period, revenues remained flat at 2.07 billion, which
6% -
Retail sales rebound by 7.1 pct in July for first time in thirteen months
EconomyMacroeconomystayed flat, while that in retail sale not in stores and automotive fuel displayed the lowest rises
6% -
Trade deficit rises 11.6 pct in Aug on slight increase in imports and stable exports
EconomyMacroeconomyin exports by 6.3 percent to 16.18 billion, while imports stayed flat at 28.34 billion. In specific
6% -
Greek stocks rebound 2.1 pct, banks climb 5.7 pct
Economystraight week, on continued lack of investor interest, with the average daily turnover staying flat
6%