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Thursday, August 29, 2013

Greeces Piraeus Bank posts H1 profit on accounting gain

ATHENS | Wed Aug 28, 2013 10:54am EDT ATHENS Aug 28 (Reuters) - Greece's second-largest lender Piraeus Bank on Wednesday remained profitable in the first half, helped by an accounting gain on its acquisition of Cypriot bank units. Piraeus reported a net profit of 3.509 billion euros ($4.70 billion). Results include a one-off gain of 3.81 billion euros from the Cypriot ...

READ THE ORIGINAL POST AT www.greekherald.com