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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
NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
National Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2.
The most marked increase in NPL formation was recorded in mortgages and corporate loans, while the deteriorating trend was mostly evident in July and smoothed out or even reversed in August and September.
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