Greece's Eurobank more than doubles first quarter profit as loan-loss provisions drop

ATHENS (Reuters) - Greece's third-largest lender Eurobank more than doubled its first-quarter net profit on the back of lower provisions for impaired loans and higher fee and commission income, it said on Friday. Eurobank, which is 2.4% owned by the country's HFSF bank rescue fund, reported net earnings of 57 million euros, up from 22 million euros in last year's first quarter.The coronavirus pandemic struck just as Greece's banks were making headway in their bid to sell, write off or..