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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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Eurobank net results show loss of 1.08 bln in 9M
EconomyBankingEurobank recorded net results of a loss of 1.08 billion euros in the nine-month period (9M) of 2020 compared to net profits of 94.3 million in 9M 2019. Adjusted net profits came to 348.4 million euros compared to 161.4 million euros in 9M 2019. On a quarterly basis, net income after tax came
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomyNet hirings stood at 7,826 in December, which is the second positive reading for this month since.... In contrast, negative readings were posted in January and in the July to November period. Net departures...). In contrast, the highest net departures were recorded in food industry (-1,844). The majority (54
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingEurobank recorded net profits of 56.8 million euros in the first quarter (Q1) of 2020 compared to net profits of 32.6 million in Q4. The relevant net profit in Q1 2019 stood at 22 million euros. Adjusted net profit was reported at 59.6 million euros in Q1, and came to 95.4 million in Q4. Core pre
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankingAlpha Bank reported net profits of 43.8 million euros for the third quarter (Q3) of 2020 compared to a net profit of 97.5 million euros in Q2 2020. On an aggregate basis, net profits in the nine... the lower wholesale funding and deposit cost. The Net Interest Margin (NIM) remained stable QoQ at 2.3
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HCAP and Finance Ministry reveal five-year strategic plan for public assets
EconomyFeaturesthe control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomyThe employment balance remained positive for the fifth straight month showing net hirings of 33,608... net hirings making up more than three quarters of the total monthly figure. The biggest share to June net hirings relate to food service (+28,723), accommodation (+23,738) and retail trade (+6,242
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Credit contraction stays stable at 2 pct in June, net additions for first time this year
EconomyMacroeconomyshowed on Wednesday. The lending flow turned positive for the first time in 2016 with net additions... from the previous months, still continue in the household sector. Since the beginning of the year, net... positive with cumulative net additions of 554 million in the first half of the year. Loans to sole
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Record low net job balance in Aug but 8-month figure highest since 2001
EconomyThe employment balance remained negative in August, when net departures rose to 16,128 in August.... In addition, men’s net departures were almost double compared to those of women and stood... net hirings of 1,049 in August. In contrast, the biggest net departures of 10,736 were recorded among
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Net job hirings of 7,788 in September; highest 9-month figure since 2001
EconomyMacroeconomyThe employment balance turned positive in September, with net hirings standing at 7,788, up from the net departures of 13,003 in the corresponding period last year, data from the Labour Ministry’s... of males corresponded to more than 55 percent of total. The age breakdown showed the biggest net hirings
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