Tags
Banking
RSS-
EconomyBanking
Eurobank reports net loss of 301.1 mln in Q2 Eurobank reported a net loss of 301.1 million euros in the second quarter (Q2) from 207.4 million in Q1.
-
EconomyBanking
National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax National Bank’s reported net profit reached 1.15 billion euros in the first half (H1) of the year, from 343 million last year. It was the second Greek bank after Alpha, which released Q1 results on August 28.
-
EconomyBanking
Alpha Bank reports H1 profits of 267.4 mln on one-off item Alpha Bank reported first half (H1) net profit of 267.4 million euros from 3.41 billion last year. The figures are not comparable since the former incorporates deferred tax asset (DTA) of 422 million and the latter the negative goodwill from Emporiki transaction of 3.28 billion and several other one-off items.
-
EconomyMacroeconomy
Rate of credit contraction rises to 3.7 pct in July, balances fall The rate of drop in Greek credit to the private sector accelerated to 3.7 percent in July from 3.5 percent in June, according to the Bank of Greece (BoG). Balances fell to 213.86 billion euros in July from 214.81 billion a month ago.
-
EconomyMacroeconomy
Greek deposits inch up in July, reaching 163.22 bln Greek private sector deposits increased by 0.1 percent month on month (MoM) in July, the fifth successive monthly rise, with balances reaching 163.22 billion euros, according to the Bank of Greece (BoG).
-
Economy
How Greek banks' capital needs could be reduced by 2.3 bln Citing Ministry of Finance (MoF) sources, local media are reporting that the government is preparing a draft bill which will provide the legal framework for the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit.
-
EconomyMacroeconomy
Greek banks' Eurosystem funding sees reduced drop of 334 mln in July Following a sharp drop by 13.88 billion euros in the preceding two months, Greek banks’ Eurosystem funding eased by just 334 million in July, according to the Bank of Greece's (BoG) monthly financial statement.
-
EconomyMacroeconomy
BoG shows lower deposit rates and a sharper drop in loan rates in June Τhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG).
-
Economy Stress mounts ahead of ECB's tests on Greek banks A report over the weekend suggests that the Greek government has expressed concerns to its eurozone partners and the European Central Bank about the imminent stress tests on local banks.
-
EconomyMacroeconomy
Greek deposits inch up again in June, reaching 163.21 bln Greek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances rising for the fourth straight month and reaching 163.21 billion euros, according to the Bank of Greece (BoG).