Key Points
Greece's largest lender by market value, on Tuesday reported lower profit for the first nine months of the year, on higher bad loan provisions and operating expenses...
Net earnings came in at 980 million euros ($1.05 billion) in the January-to-September period, an annual drop of 11.4%...
Greek banks cut their bad loan ratios to below 8% in the first half of 2023 from 45% in 2016, but the ratio is still higher than their peers in the euro zone, the legacy of a decade-long financial crisis...
Greek lenders have returned to profit in the last few years and hope to resume paying dividends in 2024, for the first time since the Greek debt crisis erupted in 2010...
You might be interested in
India replaces China as third largest profitable region for HSBC
21, Feb, 24HSBC has announced that India has become its third-largest profitable region, surpassing China. This growth is primarily driven by a strong performance in its global banking and markets division, catering to large corporations and including treasury operations. In 2023, HSBC's profit before tax in India rose by 19% to $1.51 billion, following Hong Kong and the UK. Meanwhile, China's profit witnessed a significant decline of 89% due to losses in various sectors.
Data recap: Market slump, Zee-Sony deal, Ram temple
26, Jan, 24News and developments from the week gone by, through numbers and charts.
Stock Market LIVE: Sensex, Nifty may start on muted note; SGX Nifty in red
09, May, 23Share Market LIVE Updates: Benchmark indices will remain sluggish at the start on Tuesday as SGX Nifty trades lower. Wall Street ended flat on Monday ahead of inflation data and Asian markets are mostly trading higher in the morning session of Tuesday.
India's ICICI Bank posts record high profit in Q3
20, Jan, 24MUMBAI (Reuters) - India's ICICI Bank reported a record high profit for the fiscal third quarter on Saturday, helped by strong loan growth. The private bank reported a standalone net profit of 102.72
Paytm gets Q2 results boost from strong loan growth
20, Oct, 23India Business News: Paytm, the Indian digital payments company, has reported an operating profit for the fourth consecutive quarter, driven by growth in its financial ser
Suryoday Small Finance Bank Q1 results: Profit jumps six-fold to ₹47.6 crore
10, Aug, 23Total income rose to ₹409 crore in the June quarter of the current fiscal year as compared to ₹295 crore in the same period a year ago, Suryoday Small Finance Bank said
6 things that changed for the stock market over the weekend - Gift Nifty to selloff on Wall Street
23, Oct, 23MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1% to be near its lowest in almost a year.
Nifty bulls may raise a toast in June quarter, 10-year performance history suggests
18, Apr, 23Historical data shows that the first quarter of the financial year has by and large been positive for Dalal Street. The positive start to the quarter this time has, therefore, brightened prospects for the history to repeat itself.
IndusInd Bank reappoints Sumant Kathpalia as MD, CEO
24, Apr, 23The bank has appointed Sumant Kathpalia as MD, CEO for a period of two years, with effect from 24 March, 2023
Warner Bros earns $50 million in Q1 from online TV; total subscribers plunges to 97.6 million
06, May, 23The company reported a surprise profit in streaming TV as its legacy cable networks continued to lose advertising and viewers.