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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingFollowing Eurobank, Alpha also reported net loss of 533.1 million euros in the fourth quarter (Q4) of 2015 from profit of 413.6 million in Q3. The latter fully reflected a one-off positive impact for the change in the nominal tax rate (from 26 to 29 percent) on deferred tax asset (DTA
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Newsletter 65 - 04/03/2016
, investment and tourism, coupled with bigger fall in imports compared to that in exports. Eurobank kicked off
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Greek stocks rise 2.4 pct, up for fourth straight week
Economysince the beginning of the year. The biggest gains this week were posted by: Eurobank (+16.6 percent
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyby Eurobank (10.04 billion), NBG (9.07 billion) and Alpha (4.3 billion). Based on the current QE
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Stocks surge 5.4 pct during week amid hopes for swift conclusion of review
Economy(+16.8 percent), Eurobank (+16.8 percent) and Viohalco (+15.9 percent). On the other side of the spectrum
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Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders
Economythree of the four systemic banks, namely Eurobank (-15.5 percent), Alpha (-15.5 percent) and NBG
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Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement
Economyoutperformers with double-digit gains this week included Viohalco (+18.4 percent), Eurobank (+14.9 percent
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HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015
EconomyBankingof the four core banks (Eurobank, NBG and Piraeus) and came up with an action plan
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgramme. The first important development on effective NPL management was announced last week by Alpha and Eurobank
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Marfin Investment Group EBITDA up 75.6 pct in Q1
EconomyEurobank Ergasias will cover, to refinance an equivalent amount of an existing debt facility
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