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, […]
Except for Eurobank, for which it retains the target price at €2.60, JP Morgan has increased its target prices for Alpha Bank to €2.50 from €2.20, National Bank of Greece to €8.40 from €8.10, and Piraeus Bank to €5.00 from €4.65
This conversation marks a crucial step forward, as approximately 5% to 7% of the non-performing loans that were securitized in previous years have returned to regular repayments for at least a 2-year period
Despite its reserved optimism for Greece, Deutsche Bank expresses hesitancy about the Eurozone as a whole, suggesting it may experience mild recession
These institutions manage the majority of Greece's private debt, and if we want to say that we live in a state which respects the Rule of Law
Debt collection companies operating in Greece are under investigation, in order to determine whether they comply with the rules of domestic legislation
Optimism pervaded discussions about dividend distribution from 2023 profits, with talks with regulators in preliminary stages.
Hellenic Financial Stability Fund (HSFS) may request improved offer