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Results 591 to 600 out of 2018. RSS

  1. NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a net profit of 171 million euros from continued operations in the third quarter (Q3) of 2019, compared to 122 million euros in Q2. Factoring in discontinued operations, profits stood at 16 million in the quarter c...

    3%

  2. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    The Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic. The survey was carried out by the Institute for Tourism Research and Forecasting on behalf...

    3%

  3. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net loss of 2.5 billion euros in the first nine months of the year (9M), compared to profits of 134 million euros in 9M 2020, due to booking losses from its Galaxy NPE portfolio securitisation. The Galaxy transaction had an impact ...

    3%

  4. NBG reports profits of 833 mln in 2021
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 833 million euros from continued operations in 2021, compared to a profit of 590 million euros in 2020, improving by 41 pct. Pre-provision income (PPI) stood at 1.12 billion euros, down by 34 ...

    3%

  5. Central government reports 853-mln primary cash surplus in Feb as spending is contained YoY
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    Greece’s central government recorded a primary cash surplus of 853 million euros in February, from a deficit of 891 million euros in the same month of 2021, according to figures released by the Bank of Greece on Thursday. The overall cash balance was a ...

    3%

  6. Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 614 million euros in the first Half (H1) of 2022, from losses of 2.45 billion euros last year, due to 3 billion euros in clean-up impairments in H1 2021. In H1 2022, clean-up impairments stood at 269 million euros Ass...

    3%

  7. NBG reports 652 mln profit in 9M, core PPI up 14 pct
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 652 million euros from continued operations in 9M 2022, compared to a profit of 732 million euros in the same quarter of 2021, a drop of 11 percent. Pre-provision income (PPI) stood at 935 mil...

    3%

  8. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    Piraeus Bank posted a net profit of 729 million euros in the nine months (9M) of 2022, from losses of 3.09 billion euros last year, due to 3.75 billion euros in clean-up impairments in 9M 2021. In 9M 2022, clean-up impairments stood at 287 million euros...

    3%

  9. Piraeus Bank reports 2 bln NII in 2023, income from fees at 547 mln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 788 million euros in 2023, with Q4 2023 profit at 211 million euros. Normalised operating profit was 1.05 billion euros in 2023, with 326 million euros in Q4. Asset quality The NPE ratio dropped to 3.5 percent in 2023...

    3%

  10. Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs. 1.35 billion euros in 2022, a drop of 15.4 percent. Core ...

    3%