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Hellenic posts 295.9m net nine-month profit
December 20, 2018
Hellenic Bank said Wednesday it recorded a net profit of €295.9m in the first nine months of the year, including negative goodwill of €297.9m from the acquisition of certain parts of the former co-operative bank.
Excluding the negative goodwill and non-recurring elements relating to the acquisition, profit before provisions was €23m in the third quarter of the year, compared with €9.2m the previous quarter.