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EconomyBanking
Piraeus Bank NII at 881 mln in H1 after nearly doubling YoY in Q2 Piraeus Bank posted a net profit of 300 million euros in H1 2023, with Q2 2023 profit at 120 million euros, up from 92 million in the same quarter of 2022.
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EconomyBanking
Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln Eurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent.
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EconomyMacroeconomy
BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels The Bank of Greece published its latest monetary policy report, which re-affirms the growth outlook for this year, the challenges that lie ahead for the new Greek government as well as an array of policy recommendations.
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EconomyBanking
NBG NII jumps 73 pct in Q1 to 497 mln National Bank of Greece (NBG) reported a profit after tax of 260 million euros in Q1 2023, compared to a profit of 360 million euros in 2022, a drop of 28 percent.
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EconomyMacroeconomy
BoG stresses need to avoid putting investment grade at risk In its latest financial stability report published on Thursday, the Bank of Greece highlights the progress achieved in domestic banking and notes the challenges that lie ahead for the sector and the Greek economy.
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EconomyBanking
Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln Alpha Bank reported a net profit of 111 million euros in Q1 2023, compared to a profit of 123 million euros in Q1 2022.
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EconomyBanking
Piraeus Bank net interest income jumps to 420 mln in Q1, up 71 pct Piraeus Bank posted a net profit of 180 million euros in Q1 2023, from a profit of 521 million euros, the same quarter last year, thanks to one-off gains of 518 million euros.
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EconomyBanking
Lenders confident of being well-placed to overcome global banking sector turbulence Following last week’s turbulence in the global banking sector after the collapse of two banks in the US and trouble at Credit Suisse, the entire banking system, led by Bank of Greece governor Yiannis Stournaras tried to ensure that there is not a shred of doubt about the resilience of the Greek banking system.
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EconomyBanking
After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022 Alpha Bank reported a net profit of 398 million euros in 2022, compared to a loss of 2.91 billion euros in 2021.
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EconomyBanking NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct National Bank of Greece (NBG) reported a profit after tax of 861 million euros in 2022, compared to a profit of 832 million euros in 2021, a rise of 6 percent.