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Helped by trading gains, Eurobank posts 305 mln in Q1 profits

Thu, 26 May 2022 11:44:00 GMT

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. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

NBG results show net profits of 18 mln in Q4 and 484 mln in 2019

Wed, 01 Apr 2020 09:07:00 GMT

substantially from profits of 65 million euros in 2018. Core pre-provision income (PPI) fell by 9 percent quarter-on-quarter (QoQ) to 138 million. For 2019, core PPI came to 599 million euros, a rise... submission timelines would be put into place and NPE reduction plan realisations would become more flexible

Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017

Thu, 29 Mar 2018 11:16:00 GMT

for the full year and 124 million for Q4. Pre-provision income (PPI) fell by 51 percent quarter-on-quarter (QoQ) to 144 million in Q4. On an annual basis, PPI fell by 4 percent to 1.04 billion euros. Net... Bank issued a 500-million euro five-year covered bond with a group of investors rather than a public

NBG reports 652 mln profit in 9M, core PPI up 14 pct

Fri, 11 Nov 2022 07:31:00 GMT

of 11 percent. Pre-provision income (PPI) stood at 935 million euros, down by 2 percent on the 958 million euros in 9M 2021. Core PPI was 623 million euros, against 546 million last year. Asset quality

Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs

Thu, 01 Jun 2017 06:42:00 GMT

for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1 million in the previous quarter. Core pre-provision profit (PPI) rebounded by 1.2 percent quarter-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following

Newsletter 451 - 14/02/2025

Fri, 14 Feb 2025 08:42:00 GMT

the conservatives to draw a line under what has proved to be a less than straightforward exercise. Mitsotakis... claimed that Mitsotakis' decision to put Tasoulas forward was a symptom of his controlling style... with 11 MPs, compared its polling figures, which put it at around 1.5 pct, well below the 3 pct

Newsletter 24 - 24/04/2015

Fri, 24 Apr 2015 13:17:00 GMT

to less than half of that amount. The government’s decision stems from the extremely tight liquidity... that began this week. However, less than 1.5 hours later, in an interview with Star TV, Mardas said... of the rate of withdrawals by depositors. Finance Minister Yanis Varoufakis attempted to put a brave face

PPI drop moderates to 1.7 pct YoY in Feb, driven by energy

Mon, 30 Mar 2026 09:47:00 GMT

Greece’s Producer Price Index (PPI) moderated its drop in February to 1.7 percent year-on-year (YoY), after a decrease of 3.7 percent in the previous month, ELSTAT data showed on Monday. The index was in contraction for five months in 2025, mostly in the second part of the year, with annual drops

Newsletter 113 - 31/03/2017

Fri, 31 Mar 2017 12:20:00 GMT

. Furthermore, the content of the agreement will first be put to the party’s central committee... million euros was less than half the 1.73 billion recorded in the previous month, Bank of Greece (BoG... include International Container Terminal Services (Philippines), Peninsular and Oriental Stream