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NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII -
Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct -
NBG net interest income jumps 65 pct in 2023 to 2.26 bln as net profit reaches 1.2 bln -
First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses -
Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct -
Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
Sale of Alpha, NBG stakes move state's bank divestment forward as realised losses near 12 bln
The Greek government is moving ahead swiftly with the execution of its plan to divest from the Greek systemic banks. Since Eurobank bought back a small 1.4 pct stake held by the state, the sale of the stake in Alpha Bank has been completed and the process for divestment from National Bank (NBG) shares has been launched.
After the announcement of the deal between Alpha Bank and UniCredit, which included the Romanian operations and the sale of the insurance branch of the Greek lender, UniCredit also submitted an offer to acquire the Hellenic Financial Stability Fund’s (H...
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