Search Results: Bank

In Greece, the discussions between the four systemic groups and the system supervisor regarding the distribution of dividends from last year's profits are reaching their final stages, with favorable terms

Eurobank became the first completely restored private bank, with the repurchase of the state's stake (1.8%) in October 2023.

76-year-old naturalized citizen from Egypt shot dead three people at shipping company office before turning shotgun on himself

Demand for Greek assets remains high, as reflected in recent market transactions, with upward macroeconomic prospects, low domestic political risk, and positive catalysts, JP Morgan notes

The maximum foreseen severance package is 160,00 euros, allow actual payouts depend on number of years of employment with the bank and the applicant’s age

Stournaras emphasized the modernization of the Bank of Greece's Central Vault, which now boasts cutting-edge sorting, inventory management, and security systems

The ECB noted that the authenticity of euro banknotes can be verified using the “feel, look, and tilt” method. In 2023, just 16 counterfeits were detected per million genuine banknotes in circulation, which is one of the smallest proportions since the introduction of euro banknotes

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).

Book-building closed with a 6.25% coupon and a yield of 6.375%

De-investment in Greece’s four systemic banks by the Hellenic Financial Stability Fund (HFSF) through public offerings and greater prospects by the local banking sector in financing “real economy” needs was also discussed

As the analysis notes, in 2022, a 68% surge was reported, with property investments reaching 2 billion euros, with the 9-month-term 2023 data marking a 29% uptick compared to the corresponding period of the previous year.

The report states that the perpetrators had managed to deceive at least 5,000 victims in Greece by promoting software on the computers of unsuspecting Greeks, allowing them to gain access to their bank accounts and other personal data

ATHEX boasted a significant 39%-gain, Deutsche Bank said

Eurobank last week announced that its top management have already been relocated to the Bodosakis Building, renamed the “Eurobank Headquarters”, a noted structure in the heart of Athens.

High inflation and interest rates, with the latter easing at a slower rate, is the forecast from National Bank of Greece (NBG) chairman Gikas Hardouvelis, who is also the new president of the Hellenic Banks Association (HBA). Speaking at the annual Hellenic Finance and Accounting Association conference this month in Athens, Hardouvelis, a former Greek […]

Just as eyebrow-raising is a 1.55-million-euro fine against the Hellenic Bank Association.

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