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Re: mlkrborn post# 1378

Thursday, 05/30/2013 4:11:13 PM

Thursday, May 30, 2013 4:11:13 PM

Post# of 19165
National Bank of Greece Posts Second Straight Profit and 2 Other Hot Stocks to Watch
http://wallstcheatsheet.com/stocks/national-bank-of-greece-posts-second-straight-profit-and-2-other-hot-stocks-to-watch.html/?ref=YF

The biggest lender in Greece has reported a profit for the second straight quarter, aided by its Turkish subsidiary Finansbank, along with lower funding costs and provisions for bad debt. The National Bank reported a net profit of 27 million euros in the first quarter, versus a loss of 731 million year-over-year from 2012. Beyond that, NBG said that loan-loss provisions fell to 428 million euros from 505 million.



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