Positive yoy stats from yr-end report reflecting NBG improvement not contributed to tax benefits:
Increase in deposits in Greece (12%), SE Europe (9%) and Turkey (16%)
Non-performing loans down 57%
Loan to deposit ratio fell to 90% in Greece and 97% for the Group
Operating costs reduced 5% in Greece and 4% in SEE. Overall Group costs increased only 1% as 93 new branches were opened in Turkey
Reduction in trading losses (losses of €41 million vs. losses of €615 million in 2012)
Reduction of 41% in provisions for loan impairments (€0.84 billion to €1,185 million) as a result of the significantly slower growth in new loan delinquencies in 2013
Improvement in net interest income (NII) for the fourth consecutive quarter (up 5% qoq).
(Core Tier I ratio was 10.3%; pro-forma 11.2%).