ΝΒG results for 2010
ΝΒG results for 2010
The National Bank Group - Greece’s largest banking group - said on Wednesday that its net profit before an extraordinary tax charge totaled 485 million euros in 2010, down 50% from the previous year, while net profit after an extraordinary tax charge fell by 56% to 406 million euros.
The National Bank Group - Greece’s largest banking group - said on
Wednesday that its net profit before an extraordinary tax charge totaled
485 million euros in 2010, down 50% from the previous year, while net
profit after an extraordinary tax charge fell by 56% to 406 million
euros.
NBG said net interest income rose 5.0% to 4.148 billion euros, with the interest margin remaining unchanged at 4.0%.
The group said provisions rose by 31% to 1.365 billion euros for a provision coverage ratio of 55%. The Group said it enjoyed strong liquidity with a loan-to-deposit ratio of 103% and a strong capital position. The Group’s Tier I capital adequacy ratio stands at 13.1%, while its Core Tier I ratio stands at 12.0%.
ΑΝΑ-ΜPA
The group said provisions rose by 31% to 1.365 billion euros for a provision coverage ratio of 55%. The Group said it enjoyed strong liquidity with a loan-to-deposit ratio of 103% and a strong capital position. The Group’s Tier I capital adequacy ratio stands at 13.1%, while its Core Tier I ratio stands at 12.0%.
ΑΝΑ-ΜPA
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