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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingNational Bank of Greece (NBG) announced early on Tuesday that it has entered into a definitive agreement with Qatar National Bank (QNB) for the sale of a 99.8 percent stake in its Turkish arm Finansbank for a total consideration of 2.75 billion euros.
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBankingNational Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2.
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingNational Bank (NBG) revealed on Tuesday its capital plan to address the shortfall that emerged from the comprehensive assessment conducted by the ECB's Single Supervisory Mechanism (SSM).
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBankingFollowing Eurobank and Piraeus, National Bank of Greece (NBG) published on Wednesday its trading update for the second quarter (Q2), providing the evolution of the key P&L and balance sheet items, excluding those related to loan provisions, after tax earnings and capital.
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingNational Bank (NBG) posted net losses of 159 million euros in the first quarter (Q1) of 2015 from 1.11 billion in Q4 2014, which were entirely due to one-offs.
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingNational Bank (NBG) posted a net loss of 1.11 billion in the fourth quarter (Q4) of 2014 from profit of 30 million in Q3.
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National Bank posts 9-month profits of 1.18 bln
EconomyBankingNational Bank (NBG) posted nine-month (9M) net profits of 1.18 billion euros, from 262 million last year, the lender announced on Thursday.
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingNational 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.
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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingNational Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net profit landed at 181 million from 27 million last year mainly reflecting soaring pre-provision income (up 25 percent) and receding impairment losses (down 15 percent).
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National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingAs had been rumoured, National Bank of Greece’s board (NBG) decided on April 16 to call an Extraordinary General Meeting for May 10 to approve a capital increase of up to 2.5 billion euros.