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 to the interest income lost post the completion of Cairo transaction. Should we account for the VRS...
Source: sofokleous10.gr