BANKS

ENGLISH EDITION

Priority to existing National Bank shareholders for the HFSF package

The process is proceeding as usual, the sale of HFSF shares will take place in mid-November. Priority will be given to all former shareholders of ETE, domestic and foreign. How is the fall in the stock market linked to the sale of the package.

09 Οκτ 2023 11:26

ENGLISH EDITION

New loans with signs of stall, banks are off their targets

Banks are not accomplish their credit expansion targets for 2023. Where credit anaemia, banks' estimates of the way forward and investors' coolness come from.

28 Σεπ 2023 13:13

ENGLISH EDITION

Banking system healthy and credible, BoG governor Y. Stournaras says

BoG governor said that it is safe to conclude that the Greek banking system, and the Greek economy, are no longer the black sheep of the Eurozone and that they face the future with optimism.

12 Ιουλ 2023 20:43

ENGLISH EDITION

Cooperative Chania Bank shareholders approve transition into societe anonyme

The process of transition requires approvals and supervision of the needed procedures by the relevant overseeing and supervisory authorities.

10 Ιουλ 2023 21:14

ENGLISH EDITION

The reasons why banks are not lending: The 3 "cutters" of credit expansion

The paradox of anaemic loan growth despite strong growth. Teiraisias, the underground economy and high liquidity are hindering the growth of lending to households, businessmen and small businesses.

16 Ιουν 2023 15:33

ENGLISH EDITION

What the investment grade means for the economy, banks and businesses

The chief economists of Eurobank, Ethniki, Piraeus Bank and Alpha Bank. Milestone for the country's return to full normality, paving the way for new investments.

02 Ιουν 2023 09:49

ENGLISH EDITION

The hunt for yields has begun: a 30% jump in term deposits for greek banks

Increased interest rates brought 7.4 billion in four months to the banks' counters. Depositors are "locking up" money even for more than a year. When will the next wave of interest rate hikes come.

31 Μάιος 2023 15:25

ENGLISH EDITION

S&P raises outlook and credit ratings of Greek banks

Further strengthened profitability is expected, supported by lower loan loss provisions and the additional benefits from the repricing of loans with higher interest rates.

26 Απρ 2023 08:55

ENGLISH EDITION

Greek banks' profile solid, DBRS says

The credit rating agency said that Greek banks reported an aggregate net profit of 3.7 billion euros in 2022 which compares to a net loss of 4.7 billion in 2021. Revenues in 2022 reflected improvements in all streams

22 Μαρ 2023 21:45

ENGLISH EDITION

ECB, EBA release baseline and adverse scenarios for stress tests

EBA plans to release the results of the stress tests for each individual bank by the end of July 2023. The results will shed light on the impact of the adverse scenario on banks' resilience. This year's stress test will use for the first time parameters on net revenue from commissions.

01 Φεβ 2023 22:16

ENGLISH EDITION

"Green light" from the Ministry of Finance to the HFSF for the sale of bank shares

The Fund has secured the agreement of the Ministry for the implementation of the divestment strategy from the banks. Competitive procedures will start in January. There is strong investor interest.

21 Δεκ 2022 10:00

ENGLISH EDITION

Greek banks' joint proposal on subsidizing low-income borrowers

The support plan they proposed for vulnerable households was reviewed by the European Central Bank's (ECB) Single Supervisory Mechanism (SSM). The plan is expected to benefit a total of 30,000 beneficiaries. 

16 Δεκ 2022 21:14