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Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
EconomyBankingPiraeus Bank posted a net profit of 729 million euros in the nine months (9M) of 2022, from losses... 8 pct by the end of the year. P&L Net interest income (NII) came to 816 million euros in 9M, versus 730 million euros last year. Net fee income increased to 366 million euros from 309 million last
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesof net inflows, the total exceeded the pre-pandemic high of almost 4.5 billion recorded in 2019... for 2.5 billion euros accounted for 80 percent of net FDI flows that year. All sectors experienced... to regain its pre-crisis levels of over 3 billion euros net inflows, while total FDI broke the 4-billion
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Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2
EconomyBankingPiraeus Bank posted a net profit of 300 million euros in H1 2023, with Q2 2023 profit at 120... percent, from 0.9 percent in H1 2022. P&L Net interest income (NII) came to 881 million euros, with 461 million euros in Q2, from 266 million euros in Q2 2022. Net fee income was 263 million euros in H1
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Led by lending to corporations, pace of credit growth rises to 2.1 pct in Sep
EconomyMacroeconomy, the trend had been declining since then. The net lending flow was positive by 2.14 billion euros in September, after a 405-million euros drop in August, reversing the net contraction of recent months.... The corporate lending balance’s net monthly flow was positive by 2.05 billion euros, after a drop of 322
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Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
EconomyBankingPiraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279... percent in 9M 2022. P&L Net interest income (NII) came to 1.47 billion euros, from 922 million euros from a year ago. Net fee income was 403 million euros in H1 2023, while normalised trading income
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
EconomyMacroeconomyhad been moderating since. The net lending flow was negative by 856 million euros in October, after a 2.14-billion euros rise in September, returning to the net contraction of recent months.... The corporate lending balance’s net monthly flow was negative by 669 million euros, after a rise of 2.05 billion
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Is Greece on track to decouple from fossil gas?
Agora) and the reduction in total electricity consumption (-2.93 TWh), and secondarily by the increase in net... plants to be added to the existing fleet, increasing total net capacity from 6 GW in late 2023 to 7.7 GW... journalism project. [1]Greece is a net importer of electricity in the sense that the quantities
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Can the Green Transition be just?
Agorabinding, while setting a more immediate climate goal for 2030, namely, the reduction of net greenhouse... for 55' legislative package that would make the European Climate Law's commitment to reduce net emissions... consistent with meeting the European net emissions reduction target (at least -55% in 2030 compared to 1990
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Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
EconomyBankingPiraeus Bank posted a net profit of 284 million euros in Q1 2025, from 233 million euros in Q1 2024. Net interest income (NII) came to 481 million euros in Q1, while net fee income was 160 million euros, from 518 million and 145 million euros respectively in Q1 2024. Net trading income was just 19
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Piraeus Bank reports profits of 559 mln in H1, commissions income strong at 325 mln
EconomyBankingPiraeus Bank posted a net profit of 559 million euros in H1 2025, from 563 million euros in H1 2024. Net interest income (NII) came to 955 million euros in H1, while net fee income was 325 million euros, from 1.05 billion and unchanged respectively in H1 2024. Net trading income was 66 million
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