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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingAlpha Bank reported a net loss of 2.04 billion euros for the second quarter (Q2) of 2021, compared to a loss of 282.2 million euros in Q1, after booking losses from its Galaxy NPE portfolio securitization.
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NBG posts 557 mln profit in Q1
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 557 million euros in the first quarter (Q1), compared with a profit of 304 million euros in the same quarter of 2020.
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Eurobank posts Q1 net profit of 70 mln
EconomyBankingEurobank posted a net income of 70 million euros in the first quarter (Q1), an increase of 13 million compared with the same quarter of 2020.
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingPiraeus Bank posted a loss of 407 million euros in the first quarter (Q1) as it suffered from impairments arising from Covid and loan securitisation losses.
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Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
EconomyBankingAlpha Bank reported a net loss of 283.3 million euros for the first quarter (Q1) of 2020 on Monday, bringing forward the publication of its results by several days after announcing on that it would carry out an 800 million euro share capital increase.
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingNational Bank of Greece (NBG) reported a net loss of 423 million euros in the fourth quarter (Q4) of 2020, compared with a profit of 101 million euros in Q3.
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Alpha Bank posts net profit of 103.7 mln in 2020
EconomyBankingAlpha Bank reported a net loss of 29.7 million euros for the fourth quarter of 2020 compared to a net profit of 44.3 million euros in Q3.
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingPiraeus Bank posted a loss of 662 million euros last year as it suffered from impairments arising from Covid and one-offs loan securitisation losses.
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Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
EconomyBankingEurobank posted its biggest loss since 2014 last year as the price of a restructuring that will bring down its bad loans ratio to a level approaching the European average.
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NBG results show net profits of 602 mln euros in 9M
EconomyBankingNational Bank of Greece (NBG) reported net profits of 602 million euros from continued operations in the fιrst nine months (9M) of 2020, compared to 452 million euros in 9M 2019.