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HFSF study identifies constraints on developing dynamic NPL market
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
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Eurobank remains profitable with net profits of 46.2 mln in Q2
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Alpha Bank reports net losses of 16.8 mln in Q2
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
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Majority stake in Piraeus Port transferred to COSCO, further investment lined up
Piraeus snaps up share in MIG to complete series of corporate moves
Piraeus Bank announced on May 14 its third major corporate development in the last two months, following the successful completion of a 1.75-billion- euro capital increase in late March and a senior unsecured bond issue of 500 million in mid-March.
According to the announcement, Piraeus Bank will invest in Marfin Investment Group (MIG) by covering a convertible bond amounting to 250 million euros. The bond matures at the end of July 2019 and the conversion price stands at 0.54 euros, implying a pr...
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