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Greek Core Banks Remained Profitable-EUROXX

Greek Core Banks Remained Profitable-EUROXX December 10, 2020 In Q3’20,  Alpha Bank posted profit from continued ops before taxes of €76m (Exx at €71m) vs. profits of €74m in Q2’20 on higher fees and lower impairments which offset the lower NII and weaker trading income.  Eurobankreported Q3’20 profit from continued ops of €172m (Exx at €122m) compared to €66m in Q2’20, reflecting mainly higher non-core banking Income (above Exx estimates) which offset the lower NII due...
Al Qahirah Alpha Bank Piraeus Bank Proved Broadly Resilient Benefited By Lower Funding Costs Increased Loan

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