Banks al­lowed to de­lay H1 earn­ings re­lease due to as­set re­view

Kathimerini English - - Focus -

Min­istry is al­low­ing the coun­try’s listed banks to de­lay the re­lease of first-half re­sults by one month as Euro­pean reg­u­la­tors are re­view­ing their bal­ance sheets. The ex­ten­sion of the ex­ist­ing Au­gust 31 dead­line for H1 re­port­ing to Septem­ber 30 was rec­om­mended by the coun­try’s Sys­temic Sta­bil­ity Board, the Fi­nance Min­istry said in a de­cree pub­lished on its web­site yesterday. It cited the need to give banks more time to re­lease re­sults for ‘rea­sons of fi­nan­cial sta­bil­ity.’ Eurobank was sched­uled to re­port its re­sults to­day, while Na­tional Bank, the coun­try’s big­gest len­der by as­sets, Al­pha Bank and Pi­raeus Bank haven’t pro­vided dates.

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