Greek banks
5 articole · RSS
Top ten Greek banks stay profitable in H1
The subsidiaries of Greek financial groups felt the impact of credit risk differently in the first six months of 2010. Thus, while Bancpost saw loan portfolio quality stabilise, Alpha Bank set up additional provisions of 47m euros, up from 19.5m euros a year a...
Greek banks make profit despite no loan volume growth in Q1
Five of the seven Greek-held banks with Romanian operations announced they generated profit in the first quarter of 2010, in the context where the amount of loans granted stagnated.
Greek banks begin interest battle over clients’ money again
Greek-held local banks are back in the game with “attractive” interests on deposits in both RON and euros in an attempt to raise as much cash from local clients as possible, given that the i...
Three of seven Greek banks in the red
Out of the seven Greek-held banks, four ended last year in the black, but their profits were significantly offset by the losses the other three piled up, according to data calculated under t...
Greek banks cumulate losses by Romanian standards but announce profits in IFRS
Most Greek banks ended the first half of the year with losses according to Romanian Accounting Standards (RAS), with the biggest losses being posted by Bancpost (117 million euros) and Pirae...