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Piraeus
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EconomyBanking
Piraeus Bank posts pre-tax losses of 215 mln in H1 Piraeus Bank’s first half (H1) results revealed pre-tax losses of 215 million euros compared to pre-tax profits of 57 million euros in the relevant period in 2019.
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EconomyBanking
Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact Piraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019.
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EconomyBanking
Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019 Piraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019.
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EconomyBanking
Piraeus Bank posts net profit of 44 mln in Q3 from continued operations Piraeus Bank’s third quarter (Q3) results revealed net results from continued operations showing a profit of 44 million euros compared to a net profit of 20 million in Q2 2019
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EconomyBanking Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up Piraeus Bank’s second quarter (Q2) results revealed net results from continued operations showing a profit of 20 million euros compared to a net profit of 14 million in Q1 2019.
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EconomyBanking Piraeus Bank issues Tier II bond to strong demand Piraeus Bank’s closely watched Tier II bond issue was deemed a success after raising 400 million euros on Wednesday. In total, bids of over 850 million euros were submitted.
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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 Piraeus Bank posts net profit of 14 mln in Q1 from continued operations Piraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a profit of 14 million euros compared to a net profit of 145 million in Q4 2018. The latest results reflect a fourth continuous quarter of profitability for the bank.
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EconomyMacroeconomy Piraeus eyes major NPE deal as banks remain focused on bad loans One of Greece’s four systemic banks, Piraeus Bank, is rumoured to be working on a substantial deal to address its non-performing exposures (NPEs).
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EconomyBanking Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M Piraeus Bank’s third quarter (Q3) results showed that net profits from continued operations came to 94 million euros, picking up from profits of 24 million in the previous quarter.