Thursday
26 April 2018
26 April 2018
COMPANIES
Solum Property Solutions
Consultant - GREECE
IBI Group
Consultant - GREECE
Eurobank Property Services
Consultant - GREECE
PEOPLE
Eurobank returned to profitability in 2016, recording robust operating results, with net profit standing at 230 million euros, against losses of 1.2 billion euros in 2015, while fourth quarter 2016 bottom-line result reached 38 million euros. In more detail, net interest income increased by 5.8 pct year-on-year to 1,548 million euros, driven by the reduction in Eurosystem funding cost, while it was stable on a quarterly basis to 389 million. Net interest margin expanded on an annual basis by 23 basis points to 2.25 pct.
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