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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBanking). Net Interest Income (NII) in 9M came to 1.11 billion showing an increase of 3 percent YoY... percent in 9M and the net loans to deposits ratio came to 81 percent. Net fee and commission income (NFI... on an annual basis were new loan generation, as well as bancassurance and asset management fees. Net
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Newsletter 286 - 26/02/2021
euros. Net deposit movements in the Greek banking system were negative for the first time in a year... a seasonal drop in private sector deposits. The same month of 2020 was the last time there was a net... deposits fell by 839 million euros. Credit growth in January rises to 3.7 pct Net lending flow turned
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Newsletter 298 - 28/05/2021
Q1 earnings this week, with just Eurobank able to report a net profit, as Alpha Bank and Piraeus Bank.... Alpha Bank reported a net loss of 283.3 million euros for the first quarter on Monday, bringing... Alpha Bank to grow as the leading bank partner in this transformation.” The bank’s Q1 net loss was wider
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingup impairments, against 829 million of impairments in Q1. Year-on-year, the net loss of 2.45 billion euros in H1 compares to a net loss of 150 million euros in 2020. Asset quality During the first six... the 470 million in H1 2020. Excluding once-off items PPI was 633 million euros. Net interest income (NII
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Eurobank profitability accelerates in second quarter, at 190 mln in H1
EconomyBankingEurobank posted a net income of 190 million euros in the first half (H1) of the year, compared to a loss of 1.17 billion euros in the same period last year. In the second quarter (Q2), net profit... to its timeline, which could take the NPE ratio down to 7.3 percent on a pro forma basis. P&L Net
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Piraeus records loss of 3.09 bln as aggressive NPE reduction carries impairments
EconomyBanking-on-year, the net loss of 3.09 billion euros in 9M compares to a net loss of 150 million euros in 2020... PPI was 837 million euros. Net interest income (NII) came to 1.09 billion euros in 9M, versus 1.11 billion euros in 2020. Net fee and commission income in 9M increased by 21 percent year-on-year (YoY
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Eurobank profitability rises in 9M, Mexico securitisation takes NPE ratio to 7.3 pct
EconomyBankingEurobank posted a net income of 216 million euros in the first nine months (9M) of the year, compared to a loss of 1.08 billion euros in the same period last year. In the third quarter (Q3), net...” securitisation of 5.15 billion euros nominal value agreed with doValue. P&L Net interest income in 9M
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBanking-tax result was 665 million euros in 2021, from 312 million euros in 2020. Year-on-year, the net loss of 3.01 billion euros in 2021 compares to a net loss of 668 million euros in 2020. Asset quality... items PPI was 1.05 billion euros, up by 10 pct year-on-year. Net interest income (NII) came to 1.41
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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
EconomyBankingEurobank posted an adjusted net profit of 255.3 million euros in Q1 2023, compared to a profit.... Net profit was 236.5 million euros vs. 269.8 million euros in 2022, a drop of 12.3 percent. Core pre... points annually to 76 percent. P&L Net interest income in Q1 increased by 55.6 percent YoY and stood
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Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
EconomyBankingEurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit... and restructuring costs. Net profit was 684 million euros vs. 940.7 million euros in 2022, a drop of 27.3..., while NPE coverage was 73.2 percent. P&L Net interest income in H1 increased by 56.2 percent YoY
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