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  1. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    October 2011. The monthly flow remained negative for the second straight month with net deductions easing... fell at a decelerating pace by 2 percent to 101.73 billion. Net deductions slipped to 261 million..., the year to date net flow shows net additions of 198 million. The contraction of loans to sole proprietors

    7%

  2. Bank credit eases 1.6 pct in August on slightly accelerating negative flow
    Photo by MacroPolis

    EconomyMacroeconomy

    ) with household lending net deductions at 267 million. The segmental breakdown displayed corporate lending rate... reading in the 8-month period with the year to date figure remaining slightly positive pointing to net.... Since the beginning of the year, net deductions in this segment reached 77 million with an overall

    7%

  3. Greek stocks slip 0.4 pct during week

    Economy

    Piraeus reported net loss of 37 million in the first quarter (Q1), while core pre-provision income (PPI) improved by 14 percent quarter on quarter (QoQ) on the back of net interest income (NII) rebound and cost containment. In contrast, NBG posted net profit of 81 million in Q1 with core PPI rising by 21

    7%

  4. Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln

    EconomyMacroeconomy

    from 2.1 percent in March, Bank of Greece (BoG) figures showed on Tuesday. Net deductions eased to 117 million in April, from 146 million in March, reflecting corporate net additions of 118 million more than offset by household net deductions of 189 million. Since the beginning of the year, the net

    7%

  5. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    from 22 million in the previous week. Corporate news Alpha Bank posted net losses of 16.8 million... reported a positive bottom-line result for the second straight quarter with net profits at 46.2... this extraordinary item, the bank posted net losses of 26 million in Q2 from profits of 26 million in Q1. Core

    7%

  6. Newsletter 125 -30/06/2017

    Newsletters

    million in the five-month period. Credit contraction accelerates in May The net lending flow turns... of Greece figures. The net lending flow turned negative for the first time since February with net... is the highest negative reading since January, when net deductions reached 885 million. The negative flow

    7%

  7. Credit contraction continues in July with 1.2 pct decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    further to 189.18 billion euros. Moreover, the net lending flow showed net deductions of 435 million euros from 203 million in the previous month. The negative flow in July reflects net deductions of 163... billion euros while credit to insurance corporations had monthly net increases of 266 million to nearly 7

    7%

  8. Credit contraction eases to 0.9 pct in August

    EconomyMacroeconomy

    further to 187.36 billion euros from 189.2 billion in July. Moreover, the net lending flow showed net deductions of 312.7 million euros from 456.1 million in the previous month. The negative flow in August comes as a result of net deductions of 150.4 and 134.1 million in the household and corporate

    7%

  9. A snapshot of the Greek economy

    Agora

    and the monthly net flow was negative at 1.530 million, compared with a positive net flow of 1.743... 10.4 percent in the previous month and the monthly net flow was negative at 1.788 million, compared with a positive net flow of 4.752 million in December 2018. The monthly net flow of credit

    7%

  10. H1 bank results show performance stabilising, laying ground for further improvement

    EconomyBanking

    . National Bank of Greece (NBG) had the strongest profitability, net profits from continued operations came to 253 million euros compared to 48 million euros for H1 2018. Alpha Bank showed net profits... net results of 32 million euros in the period compared to a loss of 58 million euros for H1 last year

    7%