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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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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingPiraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net results have landed in profit. For 2019, net results showed a profit of 270 million euros versus net
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Newsletter 263 -11/09/2020
(including the Covid-19 impairment impact of 324 million). Net profits in Q2 came to 82 million versus... the pandemic and posted a net profit of 465 million euros from continued operations in H1, compared to 245 million euros in H1 2019. On a quarterly basis, net results showed a profit of 58 million
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Newsletter 240 -21/02/2020
this week. In the same period last year, the primary surplus came to 729 million euros. Net revenues were..., net revenues came to 4.11 billion euros. According to the MoF, the current month’s... average maturity of the total debt fell to 20.53 years in Q4 from to 20.84 years in Q3. Apartment
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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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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingAlpha Bank reported net profits of 98 million euros for the second quarter (Q2) of 2020 compared to a net loss of 11 million euros in Q1 2020. On an aggregate basis, net profits in the first half (H1..., NII came to 772 million euros, edging down by 0.7 percent YoY. The Net Interest Margin (NIM
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