Hellenic Financial Stability Fund

Piraeus Bank has agreed to sell half a billion euros of non-performing corporate loans to an entity affiliated with Davidson Kempner Capital Management as part of efforts to clean up its balance sheet.
Greece's largest lender by assets on Monday said it is selling loans with a gross book value of 507 million euros ($573 million) and has agreed a price of 240 million euros.

Piraeus Bank reported lower first quarter profit on Monday compared to the previous three-month period, hurt by higher provisions for impaired loans and lower commission and trading income, Greece's largest lender by assets said.

Alpha Bank, Greece's fourth largest lender, on Thursday reported reported a drop in profit in the first quarter, hurt by lower trading gains and a fall in net interest income.
Its net profit from continuing operations was 27.5 million euros, down from 65.4 million euros in the same period a year earlier.
It posted a net loss of 800,000 euros in the last quarter of 2018.

Eurobank, Greece's third-largest by assets, on Thursday reported a 43 percent drop in net profit from continued operations compared to the same period a year earlier, hurt by a decline in net interest income.

Prominent Greek banker Giorgos Michelis, who was appointed as Chairman of the Board of Attica Bank in late March, died on Saturday at the age of 69.

Michelis had many years of banking experience having served as CEO of Bancpost, a subsidiary of Greece's Eurobank in Romania, general manager of Emporiki Bank and executive vice president and chief operating officer at Egnatia Bank.

National Bank (NBG), Greece's second-largest lender by assets, on Tuesday said profit from continuing operations had risen in the first quarter of 2019 on the back of higher trading gains.

Piraeus Bank grew profit in last year's final quarter as net interest income rose, Greece's largest lender by assets said on Friday.
Piraeus Bank, which is 26.2 percent owned by the country's HFSF bank rescue fund, reported a net profit from continued operations of 145 million euros after net earnings of 94 million in the third quarter.

Greek lenders Alpha Bank and National Bank reported a sharp fall in profit in the last quarter of 2018 as they focused on reducing their piles of bad loans.
Alpha, Greece's fourth-largest lender by assets, reported a net loss from continuing operations of 0.4 million euros in the October to December period after a net profit of 41.1 million euros in the third quarter.

Greece's third-largest lender Eurobank on Thursday reported lower full-year 2018 net profit as operating income declined, but said it was on track to deliver on a plan to transform its business by year-end.

Piraeus Bank concluded the sale of its Albanian subsidiary Tirana Bank to Balfin and Komercijana Banka, boosting its core equity capital, Greece's largest lender said on Monday.