Business
Hellenic Bank announced their first quarter results for 2020
Hellenic Bank, the leading banking and financial institution in Cyprus, has published its report for the first quarter of 2020.
Profit before tax was €0,60 million while loss after tax was €2.2 million.
The CET1 ratio was 19.22% while the capital adequacy ratio was 21,71%, significantly above minimum requirements.
The NPEs ratio was 25,0% (excl. APS2-NPEs), and the Net NPEs3 to Assets ratio stood at 3,4% (excl. APS2-NPEs).
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