Financial results for Eurobank and National Bank of Greece
Eurobank reported an adjusted net profit of 351 million euros for the first quarter of 2026, with 103 million euros attributed to its operations in Cyprus. The group's organic loan growth reached 1.1 billion euros, a 9.8 percent year-on-year increase. In Cyprus, Eurobank completed a voluntary exit scheme for approximately 200 employees, expecting 14 million euros in annual savings from the second quarter of 2026. The bank's CET1 ratio stood at 33.9 percent, with non-performing exposures at 2.7 percent. Separately, the National Bank of Greece (NBG) reported 23.6 million euros in operating profits for its 2025 financial year, reflecting a 39 percent year-on-year increase. NBG issued 1.3 billion euros in new loans during 2025, while its total assets reached 2.7 billion euros. The bank's CET1 ratio was 19.7 percent, and its non-performing exposures ratio stood at 0.7 percent.