Search Results: Bank of Greece

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

Bank of Greece (BoG) Governor Yannis Stournaras firmly ruled out any discussion regarding the reinstatement of the 13th and 14th salaries, speaking at the conference Ellada Meta VIII, co-organized by Kyklos Ideon (Circle of Ideas) -the Greek think tank- in partnership with the Delphi Economic Forum. The event focused on “Europe, Greece, and the Onslaught […]

The weighted average interest rate for new deposits remained steady at 0.45%.

Inflation in Greece will settle at 2.5% in 2025, and stand slightly over 2% in 2026, according to a projection by the Bank of Greece (BoG). The report estimates the cost of living will record an uptick to 2.5% in 2027. As per the BoG report, inflation in Greece measured by the Harmonized Index of Consumer […]

Travel revenues in Greece were up by 5.4% in December 2024  compared to the same month last year, as Greece remains a popular destination for foreign travelers, according to the Bank of Greece (BoG). Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members […]

International financial services firm UBS says the valuation of the stocks of the National Bank of Greece (NBG) remains an appealing prospect for investors based on estimates although they have recovered from the lows of the fourth quarter of last year. The Swiss bank notes that while underlying profitability is expected to decline as interest […]

The public debt-to-GDP ratio is forecast to fall below 150% by 2025, aided by the primary budget surpluses reinforcing the Greek economy even more.

The Bank of Greece (BoG) projects the country’s economy will expand at a higher rate this year over the next 3-year period in a report. The BoG believes the GDP acceleration in 20205 will be buttressed by more rating upgrades from international credit agencies. In more detail, the central bank sees the economy growing by […]

The total financing for the project amounts to €41.9 million

Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis.

Ordinary Greeks and businesses are dipping into their savings to manage the detrimental impact of rising costs, as the latest official data from the Bank of Greece (BoG) shows. The data revealed that private sector deposits were down by €2.258 billion in October 2024, a stark contrast to the €2.324 billion increase recorded in the […]

The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel

Leading global financial institutions, including Nomura, BNP Paribas, Bank of America, Citi, Goldman Sachs, and Morgan Stanley, are underwriting the issuance.

The email scam, supposedly sent from the National Bank of Greece, is titled “Transaction Security: Third Notice for Verification”

Yannis Stournaras addressed the 'Risk Management & Compliance Conference' as a keynote speaker on Monday

Be alert regarding unusual behavior or situations (e.g., “too-good-to-be-true” offers, urgent requests for money, suspicious activity on your bank account or card).

The latest official figures by the Bank of Greece (BoG) confirm that residential rents continue to rise throughout Greece, with the northern metropolis of Thessaloniki leading the way with an average 9.1% increase year-on-year in the cost of registered residential leases in the first quarter of the year. The figures hold more weight than similar […]

Reduction of the instant payment fee via internet and mobile banking for amounts up to 500 euros from 2.50 to 1.50 euros.

The results were a 26% increase compared to the same period in 2023

The average interest rate on overnight deposits placed by households remained unchanged at 0.03%, while the corresponding rate on deposits by non-financial corporations remained almost unchanged at 0.17%