Helped by trading gains, Eurobank posts 305 mln in Q1 profitsEconomyBanking
Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year.
Loans managed by servicers rise by 7.54 bln in Q4 2021, nearing 80 blnEconomyBanking
In the last quarter (Q4) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 79.74 billion euros, according to data released by the Bank of Greece (BoG) on Wednesday.
NBG reports profits of 833 mln in 2021EconomyBanking
National Bank of Greece (NBG) reported a profit after tax of 833 million euros from continued operations in 2021, compared to a profit of 590 million euros in 2020, improving by 41 pct.
Piraeus books losses of 3 bln as NPEs drop by nearly 17 blnEconomyBanking
Piraeus Bank posted a loss of 3.01 billion euros in 2021 due to impairments related to Covid-19 and the NPE clean-up in the form of loan securitisations and sales.
Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifiesEconomyBanking
Alpha Bank reported a net loss of 2.91 billion euros in 2021, compared to profits of 104 million euros in 2020, as the bank intensified efforts to rid its balance sheet of troubled assets through increased securitisation activity.
Eurobank's 2021 adjusted net profit at 424.3 mln, NPE ratio drops to 6.8 pctEconomyBanking
Eurobank posted a net income of 328.5 million euros in the full 2021, compared to a loss of 1.22 billion euros the previous year. Adjusted net profit was 424.3 million euros, from profits of 538.1 million in 2020.
Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheetsEconomyBanking
In the third quarter (Q3) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 72.2 billion euros, according to data released by the Bank of Greece (BoG) on Thursday.
BoG sees banks on right path, warns impact of pandemic not visible yetEconomyBanking
The progress made by Greece’s banks to clean up their balance sheets was reflected in the latest financial stability report published by the Bank of Greece (BoG) on Thursday.
Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheetEconomyBanking
Alpha Bank reported a net loss of 2.5 billion euros in the first nine months of the year (9M), compared to profits of 134 million euros in 9M 2020, due to booking losses from its Galaxy NPE portfolio securitisation.
NBG profits up to 714 mln in 9M as NPE ratio is reduced furtherEconomyBanking
National Bank of Greece (NBG) reported a profit after tax from continuing operations of 714 million euros in the nine months of the year (9M), compared with a profit of 602 million euros in the same period of 2020, improving by 19 pct.