Greece's National Bank 9-month profit down 7.9% year-on-year on lower rates, higher costs

National Bank of Greece

06/11/2025 08:01

Nov 6 (Reuters) - National Bank of Greece NBGr.AT, the country's second-largest lender by market value, on Thursday posted a 7.9% drop in its nine-month profit before one-offs, as falling interest rates and rising operating expenses weighed on earnings.

NBG reported profit after tax and before one-offs of 979 million euros ($1.14 billion) for the January-September period, down from 1.06 billion euros a year earlier.

($1 = 0.8575 euros)

 (Reporting by Antonis Pothitos; Editing by Alex Richardson)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))