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EconomyBanking
Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs Alpha 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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EconomyBanking
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock Piraeus 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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EconomyBanking
NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter The 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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EconomyBanking
Eurobank stays profitable in Q1 with net earnings of 36.5 mln Eurobank'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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EconomyBanking
Piraeus Bank posts minor losses in Q4, almost breaking even for 2016 Piraeus 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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EconomyBanking
NBG records net profits of 73 mln in Q4, turns profitable for whole year National 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.
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EconomyBanking
Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln Alpha Bank remained profitable for the second straight quarter in Q4 2016, with net profits of 20.1 million euros from 41.1 million in the previous quarter.
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EconomyBanking Eurobank posts net profits of 38 mln in Q4 and 230 mln in 2016 Eurobank recorded net profits of 38.3 million euros in the fourth quarter (Q4) of 2016 from 85.4 million in the previous quarter, which included a one-off gain of 55 million from the disposal of its insurance unit, Eurolife ERB.
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EconomyBanking Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets Alpha Bank concluded the reporting period of the four systemic Greek banks releasing its third-quarter (Q3) results on the last day of November.
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EconomyBanking
NBG turns profitable in Q3, NPE stock drops further by 1 billion National Bank of Greece (NBG) turned profitable again in the third quarter (Q3) of 2016 with a positive bottom-line result of 16 million from losses of 3.06 billion in Q2, which fully reflected a one-off loss of 3.1 billion related to the recycling of Finansbank’s losses that were previously recognised in other comprehensive income.