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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
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
Eurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss of 175.3 million euros from a profit of 405.6 in Q3.
The previous quarter positive bottom-line result in fully attributed to non-recurring items, primarily the positive impact of 432 million from the change in the nominal tax rate from 26 to 29 percent on deferred tax asset (DTA).
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