NBG’s Turkish subsidiary sees 30 pct Q1 profit drop
Finansbank AS, the Turkish lender owned by National Bank of Greece, said on Monday profit dropped 30 percent to 206.3 million liras ($114 million) in the first quarter.
Net income fell from 296.4 million liras in the same period of 2011, Finansbank said in a statement to the Istanbul Stock Exchange.
[Bloomberg]