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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
Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
Following Eurobank, Alpha also reported net loss of 533.1 million euros in the fourth quarter (Q4) of 2015 from profit of 413.6 million in Q3.
The latter fully reflected a one-off positive impact for the change in the nominal tax rate (from 26 to 29 percent) on deferred tax asset (DTA). For the whole of 2015, Alpha recorded net loss of 1.37 billion euros from 329.8 million in 2014.
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