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Eurobank
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EconomyBanking
Eurobank net results show profit of 176 mln in H1 Eurobank recorded net results of an adjusted profit of 176 million euros in the first half (H1) of 2020 compared to net profits of 96.7 million in H1 2019.
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EconomyBanking
Eurobank net profits at 56.8 mln in Q1 Eurobank recorded net profits of 56.8 million euros in the first quarter (Q1) of 2020 compared to net profits of 32.6 million in Q4.
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EconomyBanking Eurobank net profits at 256.7 mln in 2019 Eurobank recorded net profits of 107.6 million euros in the fourth quarter (Q4) of 2019 compared to net profits of 59 million in Q3.
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EconomyBanking Eurobank net profits at 56.3 mln in Q3 from continued operations Eurobank recorded net profits of 56.3 million euros in the third quarter (Q3) of 2019, picking up strongly from profits of 9 million noted in Q2.
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EconomyBanking Eurobank net profits at 6 mln in Q2 amid increasing securitisations Eurobank recorded net profits of 6 million euros in the second quarter (Q2) of 2019 compared to net profits of 19.7 million in Q1.
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EconomyBanking Eurobank’s NPL sales take major step with two transactions Eurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria SARL for the sale of 95 percent of mezzanine and junior notes in a portfolio of non-performing residential mortgage loans.
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EconomyBanking
Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV A major NPL deal moved closer towards realisation yesterday when Piraeus Bank announced that it had entered into a strategic agreement with Intrum for the management of NPLs worth a total of 27 billion euro via a special purpose vehicle.
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EconomyBanking
Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete Eurobank recorded net profits of 19.7 million euros in the first quarter (Q1) of 2019, representing a year-on-year (YoY) decline of 42.9 percent versus net profits of 34.5 million euros in Q1 2018.
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EconomyBanking Eurobank net profits from continued operations fall by 12.2 pct in 2018 Eurobank recorded net profits of 29 million euros in the fourth quarter (Q4) of 2018 from 58.8 million in the previous quarter, representing a quarter-on-quarter (QoQ) decline of 50.7 percent.
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EconomyBanking
Eurobank to merge with Grivalia Properties and create SPV to cut bad loans One of Greece’s four systemic banks, Eurobank, has announced shortly after releasing its third-quarter results that the bank is forming its own special purpose vehicle (SPV) for handling its pile of bad loans.