National Bank of Greece (NBG) group reported increased net profits of 34 percent, yoy, or 622 million euros in absolute terms, for H1 2021.The result corresponds with a recovery in profits from the lender’s primary banking activities and a continued improvement in containing operating costs.
In a written statement, NBG CEO Pavlos Mylonas said the half-year improvement in results brings the group closer to its target, namely, repeated annual profits of 500 million euros, or, increased equity of around 9 percent for the following year.
The full results are here:
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