Search
-
Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingloans, with NPE formation of -3 million. A rise of 1 million had been noted in Q3. NPL formation also... 109.6 percent in 2017. Capital The phased-in Common Equity Tier 1 (CET1) ratio increased to 16.2 percent
12% -
Newsletter 205 -10/05/2019
to the institutions. The amount is the equivalent of 3 percent of GDP (1 percent for each of the coming three... to 1 year remained unchanged at 0.58 percent. The average interest rate on corporate loans without
12% -
Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingon the net loss of 1 million euros noted in Q4 2018. The net profits in Q1 2018 stood at 65.2... by 200 million euros QoQ to 21.7 billion. On an annual basis the reduction came to 3 billion euros... percent in Q4 2018. Capital The Common Equity Tier 1 (CET1) ratio stood at 17 percent, down by 41 bps
12% -
Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingfor overall operations. Pre-provision income (PPI) rose by 3 percent quarter-on-quarter (QoQ) to 214 million... year came to 196 million euros. Net interest income (NII) rose by 1 percent QoQ to 360 million... percent in Q4. P&L As mentioned, NII stood at 360 million euros, showing a rise of 1 percent QoQ
12% -
Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
EconomyMacroeconomy(ECB) funding, along with a fall of 1 million euros in Emergency Liquidity Assistance (ELA). ECB funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1... so far, Eurosystem funding has declined by 3 billion euros, reflecting a fall of 2.06 billion euros
12% -
ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek Politics, pointing to the 10 percent reduction in ENFIA for properties worth more than 1 million euros. SYRIZA... of taxpayers own properties worth more than 1 million euros. Vesyropoulos gave examples of how much..., and then a trip to see Mark Rutte on September 2 or 3, according to reports. The Greek prime
12% -
ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicswill be reduced from 5 percent to 3 percent. Furthermore, business that owe up to 1 million euros... more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax
12% -
Athens hopes lower bond yields strengthen case for reducing fiscal targets
EconomyProgrammeof the official sector debt from the eurozone are around 1 percent. This has allowed interest payments to average... of a risk-free rate below 1 percent and 380 basis points (bps) risk premium for Greece. Over time... assumptions of 3 percent nominal growth will suffice to convince the Eurogroup to give it some
12% -
NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter, falling by 1.4 billion euros QoQ. This was driven by sales of NPE portfolios totalling 1.... The negative formation in Q2 came to 1.36 billion euros, which includes 1 billion euros from the ‘Mirror... percent QoQ to 61 million and increased by 3 percent to 120 million on an annual basis in H1. Trading
12% -
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... to 2022, which is the scheduled agreed commitment horizon, and then it would drop to 3 and 2.8 percent
12%