JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization.
The email scam, supposedly sent from the National Bank of Greece, is titled “Transaction Security: Third Notice for Verification”
Alpha Bank underlines that despite these drawbacks, the construction building sector has shown positive performance since the beginning of the year, maintaining the growth trajectory of recent years.
Greek banks, it notes, are focused on mitigating the impact through strategic efforts like loan growth, increased fee income, and lower-than-anticipated deposit betas for 2026.
Attica Bank plans to raise €735 million to repay a Tier 2 bond and to support its growth.
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 seller is expected to receive more than 700 million euros for 10% of the bank's shares.
This means that Greece could raise up to 727.2 million euros from the sale.
As UBS notes, the financial institution sector in Greece presents an appealing prospect for higher profit margins for prospective investors, with shareholders reaping the benefits
The long-term benefits of listing on the Athens Stock Exchange include enhancing the group's profile among the relevant regional investor base
The macroeconomic profile also reflects Greece's improved credit conditions, which are still characterized by high levels of non-performing loans (NPLs) compared to the European sector.
This allowed Eurobank to raise 850 million euros and reduce the bond’s credit spread to 180 basis points, down from the initial indicative offer of 210 basis points.
The announcement came days after Moody's the same for Greece's outlook while maintaining the sovereign credit rating one notch below 'investment grade' at Ba1
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 […]
The Greek government, as noted by the Financial Times, provided 50 billion euros to the country’s four largest banks during its prolonged debt crisis.
Through the issuance of new bonds recently, the banks have significantly improved their capital positions while at the same time reducing the average cost of servicing their obligations.
Reduction of the instant payment fee via internet and mobile banking for amounts up to 500 euros from 2.50 to 1.50 euros.
However, more recently, Greece appears to be temporarily decoupling from the typical peripheral exposure to this risk factor, BofA notes.
The AT1 issue was greeted with high demand by more some 250 international and domestic investors, with the amount offered reaching 2.9 billion euros