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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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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
EconomyBankingEurobank posted an adjusted net profit of 916.3 million euros in 9M 2023, compared to a profit... and restructuring costs. Net profit was 980.1 million euros vs. 1.11 billion euros in 2022, a drop... coverage was 75 percent. P&L Net interest income in H1 increased by 55.3 percent YoY and stood at 1.6
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingAlpha Bank reported first half (H1) net profit of 267.4 million euros from 3.41 billion last year... one-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent better than the consensus. The financial performance this year showed net loss was trimmed to 57.4
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Among euro area SMEs, Greeks face most problems with access to finance
Economynet responses remained negative in Greece, albeit the current figure of -8 percent is much lower than... reporting a negative figure in banks’ willingness to lend but the net percentage improved to -22... percent) in the net percentage of SMEs that reported fear of rejection as a factor discouraging
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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomybillion respectively. The services’ surplus dropped by 3.9 percent primarily due to lower net transport...’ surplus by 2.3 percent in the 8-month period stems from lower net transport and other services’ receipts... million. Under the portfolio investment, a net drop by 228 million was posted in residents’ external
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Greek stocks up for second straight week, rising by 5.5 pct
Economyof modest and gradual improvement in their funding. CCH posted a rise in 2015 net sales by 2.5 percent to 6.35 billion, while net profit fell by 5 percent to 280 million. The BoD will propose a dividend per share of 0.40 euros. Hellenic Telecom (OTE) net profit came in at 36.8 million in Q4 down by almost
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Credit contraction accelerates to 2.3 pct in Feb, loan deductions of almost 400 mln
EconomyMacroeconomypercent from 2.1 percent in January, Bank of Greece (BoG) figures showed on Tuesday. The net lending flow remained negative for the second straight month, with net deductions easing to 399 million...’ loan balances dropped to 93.74 billion euros, with monthly net deductions at 227 million slightly
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Current account deficit narrows by 45 pct to 804.3 mln in Feb
EconomyMacroeconomy. Stripping out oil and ships, exports were kept almost stable, while imports decreased by 1.4 percent. Net... transaction in February. For the 2-month period, residents’ net assets from direct investment abroad... the portfolio investment, residents’ external assets posted a net increase of 1.2 billion euros in February
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