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  1. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    remained flat QoQ at 51 percent. Along with that of Eurobank, Piraeus coverage ratio stands... and Eurobank at 103 percent and lower than Alpha’s at 119 percent. Eurosystem funding remained flat QoQ at 10

    5%
  2. How many NPLs in the Greek banking sector are also non-recoverable loans ?
    Photo by MacroPolis

    Agora

    The recent presentation of half-year results by the four systemic banks in Greece – National Bank of Greece (NBG), Piraeus Bank, Alpha Bank and Eurobank – brought a mixture of good news... in Greece during first six months of 2014 NPLs NBG Piraeus Bank Alpha Bank Eurobank Q1-2014 28.40% 38.30

    5%
  3. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    among the four systemic Greek banks. Alpha recognized 3.23 billion in Q2, Eurobank 3.32, NBG 3.58... for Eurobank, 16.2 percent for NBG and 15 percent for Piraeus. Although the DTA amendment

    5%
  4. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    by Eurobank at 958 million. In contrast, Alpha and Piraeus displayed revaluation gains of 337 and 370... in the banks’ capital. The most important development relates to Eurobank, where HFSF participation

    5%
  5. What are SYRIZA's plans for Greek banks if it comes to power?
    Photo by MacroPolis

    Economy

    in Eurobank (35.41 percent) and a majority stake in the other three core Greek banks, controlling 66.36... (excluding Eurobank). This was a common practice in the pre-HFSF participation period for National Bank

    5%
  6. What is SYRIZA planning to do with Greek banks?

    Economy

    systemic banks (Alpha, Eurobank, NBG and Piraeus). Following last year’s capital increases of 8.3 billion.... It currently holds a minority stake in Eurobank (35.41 percent) and a majority stake in the other three

    5%
  7. Market value of HFSF's bank holdings plummets by 11 bln in 2014
    Photo by MacroPolis

    EconomyBanking

    figure. HFSF’s initial participation in the four Greek banks (Alpha, Eurobank, NBG and Piraeus... percent) and a minority share in Eurobank (35.4 percent). The annual report also revealed that the HFSF

    5%
  8. Greek stocks down 5.1 pct over week as investors remain cautious

    Economy

    with Eurobank plummeting 35.5 percent followed by Alpha (-31.9 percent), NBG (-29.8 percent) and Piraeus... then it remains below the 50-million mark for the eighth straight week. Corporate news Eurobank released

    5%
  9. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    are reportedly due on October 20 at midnight. A similar trading update was also disclosed by Eurobank... to corporate loans. Eurobank NII rebounded 1.1 percent QoQ to 377.9 million largely led by lower

    5%
  10. ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    Economy

    reflects a rise in the non-performing exposure (NPE) by 7 billion. Eurobank showed the lowest capital... by Alpha, Eurobank and Piraeus. In addition, for NBG we would expect its capital plan to include

    5%