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In his opening address, Chairman Gikas Hardouvelis stressed that the National Bank has turned a new chapter and is now a key player in advancing the domestic banking sector and the Greek economy.

Notably, the bank is slashing fees for the IRIS payments interbank service by 50% for professional use.

A relevant announcement said the merger with Pancreta is expected to be completed by mid September

Economy and Finance Minister Kostis Hatzidakis added: If deal for Attica Bank, Pancreta Bank falls through then both institutions risk collapse

Eurobank CEO Fokion Karavias also revealed that a public offer to acquire 100% of Hellenic Bank on Cyprus is underway

The Hellenic Competition Commission will focus on interest-bearing deposit rates - criticized as low - offered over past years by Greek banks

The IT outage, most pronounced in Australia, was caused by a Microsoft error. The company has acknowledged the situation, stating that it is addressing the technical issue

Moody’s on Monday upgraded the Baseline Credit Assessment (BCA) for two Greek bank institutions, the National Bank of Greece (NBG) and Piraeus Banks, specifically raising Piraeus’ rating to ba2 from ba3, and NBG’s to ba1 from ba2. Moody’s also upgraded its long-term and short-term deposit ratings for both ATHEX-listed Greek lenders, two of the four […]

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%

Sources within the bank anticipate that this investment will propel Eurobank's stake up to 65% by the summer, paving the way for its proposed absorption of the Cypriot bank.

Axia, one of the foreign analysts, considers the dividend approval as a crucial step towards the normalization of Greek banks post the 2010-2015 crisis.

Greek banks received ECB approval to resume dividend payments after 16 years and a painful debt crisis.

Analysts at the National Bank of Greece (NGB) estimate that in 2024 Greek tourism could achieve new records, with arrivals reaching 35 million tourists

Greek authorities assured all the visitors in Greece would return safely to their homes

Market pundits estimate the Tour Operator still owes approximately 2 million euros to hotels in Greece

Corporate deposits rose by 36 million euros in April 2024, a notable shift from the 1,278 million increase recorded in the previous month.

Provopoulos was BoG Gov. from 2008 to 2014, a period which witnessed an economic implosion due to a financial crisis and political instability

Proposal equals 0.063 euros per share and is up for approval by a Piraeus Bank general shareholders' assembly to convene in late June

March of this year saw an even more impressive surge, with non-resident arrivals spiking by 31.2% and revenues jumping by 34.2% compared to March 2023.