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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingmillion euros versus 363 million euros in Q4 2019. A total of 1.5 billion in new loans were disbursed... was 13.2 percent and total capital ratio at 15.2 percent. Management noted that the loss making result... for the reduction of the capital ratios. The fully loaded CET1 and total capital ratio stood at 10.8
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Car sales drop by 49.1 pct in May and 34.9 pct in first 5 months
EconomyMacroeconomyfor the month came to 11,723 compared to 23,010 in May last year. Out of the total, passenger car... of the total car sales in May. Over half of all passenger cars sold were registered in the Attica... to May, a total of 63,168 vehicle sales were noted. Out of the total, 30,777 were new vehicles
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Newsletter 253 -12/06/2020
by 14:30 local time with total offers of 15.75 billion euros and price of mid swaps +160 basis points... in May last year. Out of the total, passenger car sales fell by 52.3 percent with the absolute figure standing at 9,546. Passenger cars accounted for over 80 percent of the total car sales in May
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Newsletter 256 -03/07/2020
. The portfolio of bad loans in question is secured against real estate assets with a total on-balance sheet..., bringing the total to 2.08 billion euros. Total debtors now stand at 3.95 million, down by 38,639... for the month increased by 508 million euros. As of March, the total for overdue debt, including both new
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Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
EconomyMacroeconomyfor the month came to 16,170 compared to 21,464 in June last year. Out of the total, passenger car... of the total car sales in June. Over half of all passenger cars sold were registered in the Attica... to June, a total of 79,338 vehicle sales were noted. Out of the total, 39,455 were new vehicles
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Newsletter 258 -07/17/2020
, taking the total number in Greece since the virus emerged to almost 4,000. Thursday’s numbers were.... It is estimated that the total bill for backpay could reach almost 4 billion euros, which.... The total number of pensioners entitled to compensation is roughly 2.5 million, which translates
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking. Impairment charges in H1 came to 670 million euros versus 334 million a year ago. Of the total 580 million... of the group in H1 came to 14 percent, while total capital stood at 16 percent. Fully loaded CET1 and the total capital ratio stood at 11.5 percent and 13.5 percent, respectively. Pro-forma
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Decline in car sales continues with 14 pct YoY fall during July
EconomyMacroeconomyof the total, passenger car sales fell by close to 17 percent with the absolute figure standing at 16,024... accounted for 84 percent of the total car sales in July. Over half of all passenger cars sold were... of 11.1 percent. In January to July, a total of 98,392 vehicle sales were noted. Out of the total
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High number of Covid-19 cases puts strain on government
PoliticsGreek Politicshealth challenge for the government, but also a political one. On Sunday, a total of 284 cases were... almost 550 cases in total over the weekend, with the pattern of Athens and Thessaloniki dominating the table continuing. The total number of deaths has risen to 242, with another 31 people being
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Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
EconomyMacroeconomycame to 13,257 compared to 17,350 in July last year. Out of the total, passenger car sales fell... (3,127), lorries (1,809), and buses (99). Passenger cars accounted for the majority of total car sales.... For the same period last year, the figure showed an increase of 12 percent. In January to August, a total
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