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Eurobank reports net loss of 301.1 mln in Q2
EconomyBankingEurobank reported a net loss of 301.1 million euros in the second quarter (Q2) from 207.4 million... ratio further rose to 51.1 percent from 50.3 percent in Q1 and 43.4 percent last year. Eurobank’s... percent stake sale in Eurobank Properties. In addition, the amount of deferred tax asset (DTA
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingEurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016... As with Piraeus’s announcement on Tuesday, the most important aspect of Eurobank results related... exposure (NPE) reduction by the end of 2019. Specifically, Eurobank recorded a slight negative non
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Eurobank raises 500 mln with covered bond issue
EconomyBankingEurobank became the second major Greek bank to return to the international markets... percent. Eurobank had drummed up interest for the issuance via a four-day roadshow in London, Milan.... Eurobank’s covered bond sale, the second from a Greek bank within the month, will contribute towards easing
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingEurobank recorded net profits of 1.1 million euros in the second quarter (Q2) of 2018 compared... reduction strategy, Eurobank’s latest offering is the property-related Pixel portfolio, which has... percent. The fully loaded Basel III CET1 ratio came to 11.9 percent from 12 percent in Q1. Eurobank CEO
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Eurobank net profits of at 45.1 mln in Q3, NPEs under 40 pct for first time
EconomyBankingEurobank recorded net profits of 45.1 million euros in the third quarter (Q3) of 2018 compared... million euros of liquidations. In mid-October, Eurobank announced that it had signed an agreement... in Q2. Eurobank CEO Fokion Karavias noted the recent volatility that had affected the share price
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Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingEurobank recorded net profits of 19.7 million euros in the first quarter (Q1) of 2019, representing... in corporate loans. Eurobank noted that it currently has around 4,800 properties under its repossessed real... the GEMI company registry in anticipation of their absorption by Eurobank. The fully loaded Basel III
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBanking. Eurobank SPV Piraeus Bank is the second of Greece’s four systemic banks to take the approach..., Eurobank confirmed that the merger with Grivalia Properties was completed during May, with the latter ceasing trading on May 20. The merger took Eurobank’s CAD ratio to a best-in-class 18.2 percent, which
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingEurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net... in Q1 while the NPL coverage ratio edged down to 69.1 percent. Eurobank noted that it currently has... and 11.9 in H1 2018. Fokion Karavias, CEO of Eurobank, commented that the current results kept
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBankingEurobank recorded net profits of 56.3 million euros in the third quarter (Q3) of 2019, picking up..., it was reported that bids had been submitted by Pimco and doValue on behalf of Fortress for 80 percent of Eurobank... from 25.9 percent in Q2 while the NPL coverage ratio edged down to 68 percent. Eurobank noted
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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingsystemic banks received its first application on Tuesday from Eurobank. According to a press release... has classified as Cairo I, II and III. In a statement of their own, Eurobank outlined that Cairo I.... Eurobank went on to say that Cairo, along with the Pillar securitisation completed in 2019
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