Group Financial Highlights

AboutUsStockInformation.jpg
2018
  • 2018
  • 2017
  • 2016

01/06/2018

First quarter 2018 results

Please select the country from which you are viewing this website

During 1Q2018 we made further progress in our strategic priorities, strengthening the Bank through the continuous resolution of NPEs and growing the Bank’s franchise by becoming a more customer-centric institution.

1Q2018 Profit after tax of €28,6 million

High lending momentum; €139 million of loans approved during 1Q2018, up by 57% YoY

NPEs provision coverage at 62% with Net NPEs collateral coverage at 142%

Net NPEs to Assets reduced to 12%

Annual Report 2017

Financ1.jpg

For Hellenic Bank, 2017 was a landmark year, marking the beginning of our transformation journey. We made significant progress in our strategic priorities, strengthening the Bank through the continuous resolution of NPEs (non-performing exposures) and growing the Bank’s franchise by becoming a more customer-centric institution. At the same time, we continued on our steady and disciplined course towards viable organic growth, supporting and responsibly financing the Cypriot economy.

Ioannis Matsis Chief Executive Officer
Please select the country from which you are viewing this website

30/03/2018

Audited Financial Report 2017

Financ22.jpg
icon-image-quote-gray.svg

Hellenic Bank Public Company Ltd announces that the Board of Directors of the Bank, during its meeting held yesterday, approved, inter alia, the Annual Financial Report of Hellenic Bank Group for the year ended 31st December 2017. Find below the announcement, Presentation and the Report.

Please select the country from which you are viewing this website

01/03/2018

Preliminary Results 2017

FY2017 was a landmark year, marking the beginning of our transformation journey. We made significant progress in our strategic priorities, strengthening the Bank through the continuous resolution of NPEs and growing the Bank’s franchise by becoming a more customer-centric institution

1st Cypriot bank to agree to sell an NPEs1 portfolio, totaling €145 million

NPEs reduced for 9 consecutive quarters; NPEs ratio at 53,3% (post NPE trade agreement)

NPEs provision coverage at 59,6% (post NPE trade agreement); net NPEs collateral coverage at 136,2%

Net NPEs to Assets at 12,8%, significantly lower than Cypriot peers

Please select the country from which you are viewing this website

28/11/2017

Nine-month results 2017

Please select the country from which you are viewing this website

This was the first profitable quarter following three consecutive loss-making quarters, with a profit after tax of €5,1 million.

Profit before provisions of €65,3 million, compared to €78,3 million in 9M2016

Profit for the quarter of €5,1 million compared to a loss of €12,8 million in the previous quarter

Net Interest Margin increased by 7 bps during 3Q2017 to 2,1%

Loss for the period of €17,8 million, compared to €5,0 million profit for 9M2016

30/08/2017

Interim results 2017

Profit before provisions of €51,8 million, compared to €58,8 million in 6M2016

Net gain of €19,0 million from the disposal of the operations of the Arrears Management
Division as a result of the agreement with APS Holding a.s.

2Q2017 charge for impairment losses and provisions to cover credit risk of €50,3 million

Loss for the period of €22,9 million, compared to €1,1 million profit for 6M2016

Please select the country from which you are viewing this website

24/05/2017

First quarter results 2017

Please select the country from which you are viewing this website

We achieved further progress in executing our strategic priorities during the first quarter of 2017. 

Profit before provisions of €17,1 million, compared to €22,7 million in 1Q2016

Loss before tax of €10,2 million, compared to a profit of €1,1 million in 1Q2016

Loss for the quarter of €10,1 million, compared to a profit of €0,7 million in 1Q2016

Loss attributable to the Bank’s shareholders of €10,5 million, compared to €0,3 million profit
for 1Q2016

Annual report 2016

Financ1.jpg
icon-image-quote-gray.svg

In 2016, we continued to actively support recovery of the economy granting €354 million in new loans, equivalent to the one third(1/3) of the total loans given to the island

Ms. Irena A. Georgiadou Chairwoman, Board of Directors
Please select the country from which you are viewing this website

31/03/2017

Audited financial results 2016

Financ22.jpg
icon-image-quote-gray.svg

Loss attributable to the Bank’s shareholders for the year ended 31 December 2016 amounted to €63,5 million

Please select the country from which you are viewing this website

02/03/2017

Preliminary results for the year ended 31 December 2016

Following the Meeting of the Board of Directors of Hellenic Bank Public Company Ltd dated 28th of February 2017, we attach hereto:
 ​​​​​​​

the Preliminary Results of Hellenic Bank Group for the year ended 31st December 2016

the relevant Press Release

the Presentation to Investors and

the Publication to daily newspaper

Kindly note that the abovementioned Preliminary Results for the year 2016 of Hellenic Bank Group will be published in the newspaper "Politis" on Thursday 2nd March 2017.

Please select the country from which you are viewing this website
Archive

Contact us

icon-phone-footer.svg 8000 9999 From abroad: +357 22500500 Mon - Fri 7:45 a.m. - 8:30 p.m.
icon-email-footer.svg Send us a message Make a suggestion or complaint