National Bank

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NTLBK

Military Plane Crash in Spain - Casualties Unclear

A FIGHTER jet has crashed in Spain as it was returning from a military parade, according to reports, quoted by express.co.uk

The Eurofighter crashed near to the Los Llanos air base in Albacete south of Madrid.

It was reportedly on its way back from participating in a military parade in Madrid to mark Hispanic Day.

It remains unclear if there are any victims.

Alpha profit tumbles in Q2 while National posts net loss

National Bank, Greece's second-biggest lender by assets, swung to losses in the second half of the year, while Alpha, Greece's fourth-largest, reported sharply lower profit in April-to-June after taking a loss on the sale of its Serbian subsidiary, despite lower provisions for impaired loans.

Bank stocks revert to levels last seen during share capital increase

The completion of the second bailout review has led credit sector stocks to 12-month highs. The new agreement between Athens and its creditors has put banking stocks back on investors' radar screens as expectations that this could mean the crisis is bottoming out have strengthened.

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