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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations...-on-quarter (QoQ), this represents a decline of 7 percent. For the first half (H1) of the year, net...) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingAlpha Bank reported net profits of 4.7 million euros for the third quarter (Q3) of 2019, falling sharply from net profits of 59.4 million euros in Q2. In the aggregate period, net profits came to 91.5 million euros in the nine month period (9M) of 2019, strongly growing from net profits of 53.7
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingEurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016... by 4.3 percent quarter on quarter (QoQ) to 218 million euros, reflecting a slight rise in net interest... net loans) falling by 30 bps QoQ to 194 bps in Q3. During the conference call, the management guided
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Retail sales drop at a faster pace of 5.5 pct in Nov
EconomyMacroeconomyThe turnover of Greece’s retail trade index fell for the sixth straight month In November at an accelerating pace of 5.5 percent from a revised 3.6 percent drop in October, Hellenic Statistical Agency (ELSTAT) data displayed on Friday. The November headline figure is the tenth negative reading
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Travel receipts rebound 2.3 pct in September, 9-month figure still points to a decline of 5.5 pct
EconomyMacroeconomyto a decline of 5.5 percent in travel receipts to 12.08 billion, while the corresponding payments rose
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Wages index grows by 5.5 pct in Q1, slows from previous quarter
EconomyMacroeconomyGreece’s seasonally adjusted (SA) Wages Index kept the strong growth trend rising by 5.5 percent year-on-year, from an upwards revised 8.8 percent in the last quarter of 2022, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The wages index captures employees’ gross earnings
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Drop in energy prices bring import index down by 5.5 pct YoY in Oct
EconomyMacroeconomyGreece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The index recorded more than one year of consecutive
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Property price growth slows to 5.5% YoY in Q2, at new all-time high
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece decelerated in the second quarter of 2026, increasing by 5.5 percent year-on-year (YoY) from 6.6 percent in Q1 2026, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown from the growth peak in Q1 2023, when
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Newsletter 296 - 14/05/2021
is also seen benefiting from the roll out of projects from the RRF. Net exports should also see signs... YoY. The harmonised index of consumer prices (HICP) fell by 1.1 percent YoY in April. Compared... were clothing and footwear (-1.1 percent) and household equipment (-1.2 percent). CPI has remained
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingPiraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1... an improvement of net interest income (NII) by 4.4 percent QoQ to 500.3 million. NII was bolstered by lower... of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp
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