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NBG
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EconomyBanking
NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln National Bank of Greece (NBG) reported a profit after tax of 701 million euros in H1, compared to a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY).
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EconomyBanking National Bank net profits at 384 mln in Q1, fees up 6 pct YoY to 106 mln National Bank of Greece (NBG) reported a core profit after tax of 384 million euros in Q1, compared to a profit of 358 million euros in Q1 2024, a rise of 1 percent year-on-year (YoY).
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EconomyBanking
NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln National Bank of Greece (NBG) reported a core profit after tax of 1.32 billion euros in 2024, compared to a profit of 1.2 billion euros in 2023, a rise of 10 percent year-on-year (YoY).
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EconomyBanking
NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln National Bank of Greece (NBG) reported a core profit after tax of 983 million euros in 9M 2024, compared to a profit of 855 million euros in the same period of 2023, a rise of 15 percent year-on-year (YoY).
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EconomyBanking
Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln The latest divestment from the banking sector by the Greek state was completed on Thursday when the book closed for the placement of a 10 pct stake in National Bank of Greece (NBG).
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EconomyBanking
NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln National Bank of Greece (NBG) reported a core profit after tax of 646 million euros in H1 2024, compared to a profit of 508 million euros in the same period of 2023, a significant rise of 27 percent year-on-year (YoY).
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EconomyBanking NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII National Bank of Greece (NBG) reported a core profit after tax of 320 million euros in Q1 2024, compared to a profit of 220 million euros in the same quarter of 2023, a significant rise of 45 percent year-on-year (YoY).
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EconomyBanking NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln National Bank of Greece (NBG) reported a core profit after tax of 1.2 billion euros in 2023, compared to a profit of 474 million euros in 2022, a significant rise year-on-year.
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EconomyBanking
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses The Hellenic Financial Stability Fund (HFSF), which was set up at the start of the debt crisis to support the banking sector, completed last week the first round of sales of its stakes in the four systemic banks, realising record losses for the Greek state.
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EconomyBanking Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln The Greek government is moving ahead swiftly with the execution of its plan to divest from the Greek systemic banks. Since Eurobank bought back a small 1.4 pct stake held by the state, the sale of the stake in Alpha Bank has been completed and the process for divestment from National Bank (NBG) shares has been launched.