ATHENS, March 29 Eurobank's net
profit shrank in October-to-December compared to the third
quarter despite a slight drop in provisions for impaired loans,
Greece's third-largest lender by assets said on Wednesday.
Eurobank, which is 2.4 percent owned by the country's HFSF
bank rescue fund, reported net earnings of 38.3 million euros
($41.2 million) after profit of 85.4 million euros in the third
The bank reported net profit of 230.1 million euros for 2016
as a whole after losses of 1.18 billion in 2015.
Credit loss provisions fell 2.4 percent quarter-on-quarter
to 186.4 million euros from 191 million in the third quarter.
Non-performing loans dropped slightly to 34.7 percent of its
book from 34.8 percent at the end of September.
($1 = 0.9299 euros)
(Reporting by George Georgiopoulos)