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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingPiraeus Bank’s third quarter (Q3) figures revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth consecutive quarter where net results have landed on a profit rather than loss. Net results overall
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University bill threatens PASOK consensus as probes launched into alleged infractions by politicians
PoliticsGreek Politicsthe law applied to him as he is not a sitting member of Parliament. On Tuesday he put out a video... offshore holdings poses a credibility issue, as the former US-based businessman had put... investigation in the Interior Ministry, which is the suspected source of the data leak, while on Tuesday
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Linking of ex-PM with centre-left role highlights inertia, not momentum
PoliticsGreek PoliticsRumours have resurfaced regarding former Prime Minister Kostas Simitis stepping forward to spearhead the revival of Greece’s centre-left but they seem to be a confirmation of the difficulties local social democrats are having rather than any sign that m...
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Newsletter 279 -13/11/2020
balance decreased slightly to 147.25 billion euros. The net lending flow was positive by 230 million compared to outflows of 247 million euros in October. The corporate lending balance's net monthly flow...), rose by 2.72 billion in November. Net deposit movements in the Greek banking system were positive
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Credit contraction slows to 1.3 pct in March on net additions of 307 mln
EconomyMacroeconomyof decline since July 2011. The net lending flow turned positive for the first time since December, with net additions of 307 million in March from net deductions of 101 million in the previous month. The positive flow fully reflects corporate net additions of 487 million, while household lending net
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Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results reflect a fourth continuous quarter of profitability for the bank. Net results overall came
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Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln
EconomyMacroeconomyof Greece (BoG) data showed on Friday. The net lending flow turned positive for the first time since June 2015 with net loan additions of 210 million euros in December from deductions of 458 million... eased to 96.36 billion euros in December. Following the positive flow in December, the full year net
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Net job hirings rise again, reaching 19,281 in July - highest since 2001
EconomyMacroeconomyThe employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information... that the 15-24 years old group recorded net hirings of 22,533 followed by the next age group (25-29
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Eurobank net profits from continued operations fall by 12.2 pct in 2018
EconomyBankingEurobank recorded net profits of 29 million euros in the fourth quarter (Q4) of 2018 from 58.8.... The figure for net profits reflects results before discontinued operations and restructuring costs. For the whole year, net profits before discontinued operations and restructuring costs came to 200.5
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingeuros compared to a net profit of 14 million in Q1 2019. The latest results mark a fifth continuous quarter where results have landed on a profit. Net results overall came to a profit of 19 million euros, unchanged from Q1. In the same quarter last year, net results reflected a profit of 24 million
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