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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomyFollowing the most recent data on the qualitative characteristics of the non-performing exposures, BoG deputy governor Theodoros Mitrakos revealed important aspects of NPEs.
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Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
EconomyMacroeconomyGreek banks continued meeting their NPE reduction target in Q1 2017, the third quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) revealed.
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingAlpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter with net profits more than doubling.
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyThe pace of credit contraction in the Greek market further slowed to 0.9 percent in April from 1.3 percent in the previous month, Bank of Greece (BoG) figures showed on Monday.
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingPiraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter.
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingThe National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter.
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingEurobank's Q1 results reported net profits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million.
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Greek banks meet NPE and NPL reduction targets in Q4 2016, mostly on write-offs
EconomyBankingGreek banks met their non-performing exposure (NPE) and non-performing loan (NPL) reduction targets in the fourth quarter (Q4) of 2016, the second quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) revealed on Wednesday afternoon.
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Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
EconomyBankingPiraeus Bank concluded the release of Greek banks’ fourth quarter (Q4) results on Friday evening by announcing that it posted net losses of 17.7 million euros in Q4 from profits of 30.6 million in the previous quarter.
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingNational Bank of Greece (NBG) remained profitable in the fourth quarter (Q4) of 2016, with net profits of 73 million euros from 6 million in the previous quarter.