Greece’s big four banks report €2.3 Billion in first-half profits, reduced bad loan exposure

Greece’s “big four” banks (Alpha, Eurobank, National and Piraeus) posted first-half profits totaling €2.3 billion and significantly reduced exposure to bad loans, while also containing operating costs, ratings agency DBRS has noted. 

Despite some of them (like Alpha) resuming dividend payments after many years, capital reserves have strengthened, the agency notes.