Stournaras emphasized the modernization of the Bank of Greece's Central Vault, which now boasts cutting-edge sorting, inventory management, and security systems
For the 11-month term January-November of 2023 it recorded a surplus of €17.895,5 million, the data revealed
This figure represents a 12.5% increase in revenues compared to the respective period in the previous year which also marked a record (€17.88 billion).
Debt collection companies operating in Greece are under investigation, in order to determine whether they comply with the rules of domestic legislation
Attica Bank plans to raise €735 million to repay a Tier 2 bond and to support its growth.
This means that Greece could raise up to 727.2 million euros from the sale.
Attica Bank CEO Eleni Vrettou termed the merger as a historic move for the non-systemic bank
Greece showed improved performance but still lags behind the EU average
The price range was set at between 3.7 and 4 euros per share, HFSF added.
In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase
Fitch Ratings on Thursday revised, upwards, its outlook four Greece’s four systemic banks – Alpha Bank, Eurobank, National Bank of Greece (NBG) and Piraeus Bank – to positive from stable. The development comes after the ratings firm upgraded Greek state bonds to investment grade earlier this month. All issuer and debt ratings were affirmed, namely, […]
Hellenic Financial Stability Fund (HSFS) may request improved offer