Eurobank Ergasias SA (EURBr.AT)
7 Dec 2016
* Non-performing loans at 34.8 pct of book (Adds CEO comment, details, background)
ATHENS, Nov 16 Eurobank net profit rose in July-to-September compared to the second quarter, helped by lower provisions for impaired loans, Greece's third-largest lender by assets said on Wednesday.
Eurobank Ergasias S.A. (Bank) announces that after 9 years of successful presence in Eurobank Group, Mr. Spyros Lorentziadis, Vice Chairman of the Board of Directors of the Bank (BoD), Chairman of the Audit Committee and member of the Risk, Nomination and Remuneration Board Committees, submitted his resignation from the abovementioned positions, effective as of 3rd November 2016. We thank Mr. Spyros Lorentziadis for his long presence and contribution to Eurobank Group. The investment community
ATHENS, Oct 24 The European Investment Fund (EIF) signed a deal on Monday to provide Greece's Eurobank with 230 million euros ($250 million) of loan guarantees to support small and medium-sized businesses and help the economy.
ATHENS, Sept 14 The European Investment Bank (EIB) said on Wednesday it had signed a deal to provide Greek lender Eurobank with a 40 million euro credit line to support small and medium-sized business lending and help the economy's recovery.
* Eurobank posts 46 mln euro profit, provisions up 27 pct q/q
ATHENS, Aug 31 Greek lender Eurobank reported a net profit for the second consecutive quarter in April-to-June but net earnings shrank due to higher provisions for impaired loans.