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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
Net profit of 87 mln for NBG in Q1
National Bank of Greece (NBG) posted net profit of 87 million euros in the first quarter (Q1) of 2016 from a loss of 2.05 billion in Q4 and 159 million a year ago.
Core pre-provision income (PPI) rose 21 percent quarter on quarter (QoQ), mainly reflecting lower costs related to pillar II bonds and reduced operating expenses.
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