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Drop in revenues drives Jan central government primary cash deficit to 149 mln
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 149 million euros in January 2015 from surplus of 812 million last year, according to the Bank of Greece (BoG). The central government net balance also displayed a deficit of 217 million from surplus of 603 million in January
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Newsletter 285 - 19/02/2021
investment budget came to 4.24 billion euros. Net revenues came to 3.85 billion euros, below target by 812
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economyto beat targets by 310 million, yet at a slower pace compared to the previous months. The year... Investment Budget (PIB) balance (390 million) counterbalancing lower net revenues (1.05 billion). Revenues... the 2013 figure exceeded the annual target. Lower revenues and higher tax refunds led four-month net
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Newsletter 104 - 27/01/2017
) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter... in the last quarter of the year. Greek households’ net financial wealth tumbled by 37.5 percent during... bulletin. Specifically, the net financial wealth increased by 30.4 percent from Q1 2002 to Q4 2007
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 131 million euros from continued operations... of this year. P&L Net interest income (ΝΙΙ) rose by 5 percent QoQ to 290 million, which was attributed... from 378 bps in Q4. Net fee income fell by 11 percent QoQ to 59 million and showing a decline of 2
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Eurobank posts Q1 net profit of 70 mln
EconomyBankingEurobank posted a net income of 70 million euros in the first quarter (Q1), an increase of 13... percent. P&L Net interest income fell by 1.4 percent YoY and stood at 335 million euros. Compared with Q4, NII increased 1.6 percent. Net fee and commission income rose 6.9 percent YoY to 99 million euros
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingEurobank reported net profit of 60.2 million euros in the first quarter (Q1) of 2016 from a loss... the bank posted net loss of 175.3 million, the marked quarter on quarter improvement largely.... In specific, net interest income (NII) rebounded QoQ for the second straight quarter by 2 percent
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingAlpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million... by a rise in operating expenses. Net interest income (NII) marginally grew by 0.1 percent QoQ to 483.4... lower lending spreads coupled with deleveraging. Net interest margin (NIM) slightly improved to 2.85
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBanking-quarter (Q3) results on the last day of November. The bank posted net profits of 41.1 million euros... turned positive, with net profits of 22 million from huge losses of 838.6 million.... During the conference call, the management said that out of the new entries worth 800 million in the net
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingEurobank inaugurated the first-quarter (Q1) reporting period of Greek banks by announcing net... in collateral liquidation, compared to the initial plan. P&L Net interest income (NII) decreased by 1.9... of risk (provisions over net loans) of around 190 bps which was broadly stable over the last three
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