Greek Banks Post 2.82B Euro Nine-Month Profit, Up 10.2%

Alpha Bank, Piraeus and Eurobank reported combined net profit of 2.82 billion euros for the first nine months, up 10.2% year-on-year, with Q3 profit up 22.7%. The results continue a multi-year upward trend, supported by double-digit revenue growth, and the banks will pay 462 million euros in dividends in Q4. This signals sustained profitability and capital return in the Greek banking sector, though the sustainability of growth depends on interest rate trajectory and loan quality.

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