ECONOMY

NBG says non-performing loans rise to 24.6 pct of book in Q2

NBG says non-performing loans rise to 24.6 pct of book in Q2

Greece's largest lender, said on Wednesday non-performing loans rose to 24.6 pct of its book in the second quarter from 24.3 pct in the previous three-month period.

The group said in a trading update that non-performing loans grew by 133 million euros in the second quarter.

Net interest income fell 3.7 percent quarter-on-quarter to 750 million euros with pre-provision profit rising 18 percent to 421 million euros. [Reuters]

Banking Finance

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.

READ MORE
Greek bank recapitalization needs seen at less than 20 bln euros, say bankers
ECONOMY

Greek bank recapitalization needs seen at less than 20 bln euros, say bankers

European shares slip as commodity stocks extend losses
ECONOMY

European shares slip as commodity stocks extend losses

ECB survey shows bank sector on mend
ECONOMY

ECB survey shows bank sector on mend

A quick end to Greek capital controls? Economists don’t think so
ECONOMY

A quick end to Greek capital controls? Economists don’t think so

ECB wants recap funds paid by Nov 15
ECONOMY

ECB wants recap funds paid by Nov 15

Piraeus Bank offers exchange offer to bondholders
ECONOMY

Piraeus Bank offers exchange offer to bondholders