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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingEurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss..., the bank posted net loss of 1.18 billion euros from 1.22 billion in 2014. Pre-provision income (PPI... performance, with net interest income (NII) improving 4.3 percent QoQ to 375.3 million. The NII growth mainly
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomyin net sea transport receipts by almost 40 percent. Travel receipts grew by 8.3 percent to 220.6.... The nosedive in the services’ surplus by around 44 percent is primarily due to a drop in net transport... reflects lower net interest, dividend, profit and wages payments. Financial account The financial
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Newsletter 110 - 10/03/2017
, with net hirings soaring to 24,938 from 14,437 last year, data from the Labour Ministry’s Ergani... in February. The aggregate figures for the two-month period showed net departures of 4,879 this year compared to net hirings of 4,483 in the corresponding period last year. The negative employment
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Stocks record weekly losses of 0.7 pct in wake of inconclusive Eurogroup
Economyin the previous week. Corporate news Hellenic Exchanges net profits slumped 76.5 percent to 0.4 million... reduced by 77 percent to 0.6 million. Grivalia Properties net profits grew by 10 percent to 11.7 million... Q1 results showed net losses worsened by 67 percent to 35.8 million, while revenues rose by 3
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Newsletter 121 - 02/06/2017
to 600 million euros. When deducting the corresponding VAT, the net proceeds for Greece’s... April 2011. More importantly, the net lending flow stayed positive for the second straight month... reading since June 2012, when net additions stood at 853 million. The positive flow in April
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Newsletter 129 - 28/07/2017
, the net lending flow remained negative for the second month in a row, albeit net deductions fell to 205.8 million in June from 395.1 million in the previous month. The negative flow in June reflects net.... Overall, net deductions stood at 620.8 million in the first half of the year, down by 36.6 percent from
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Newsletter 133
target of 1.32 billion euros. Overall, net revenues totalled 30.24 bllion in the eight-month period... billion in July. 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
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Credit contraction remains at 0.9 pct in December
EconomyMacroeconomybalance falling to 183.97 billion euros from November’s figure of 184.96 billion euros. The net... originate from net deductions of 138 million in the household lending sector, which was countered... to stand at 82.11 billion euros. Credit to insurance corporations also turned positive with a monthly net
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December current account deficit at 1.24 bln on falling services balance
EconomyMacroeconomy. This was mainly caused by lower net travel receipts. In December, while travel receipts rose by 0.8 percent.... Financial account Residents’ net external liabilities increased by 268 million in December. No transactions of note were reported during the month. Portfolio investment showed a net decrease in residents
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Credit contraction at 0.8 pct in January as household, corporate lending falls
EconomyMacroeconomyin the outstanding balance falling to 182.83 billion euros from December’s figure of 183.97 billion euros. The net... million in the corporate lending sector as well as net deductions of 201 million in the household... the balance to stand at 81.43 billion. In addition, credit to insurance corporations showed a net monthly
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