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The Bank of Greece (BoG) projects the country’s economy will expand at a higher rate this year over the next 3-year period in a report. The BoG believes the GDP acceleration in 20205 will be buttressed by more rating upgrades from international credit agencies. In more detail, the central bank sees the economy growing by […]

Piraeus Bank remains NBG Securities’ top pick, as it is viewed as unjustifiably undervalued compared to its Greek banking peers.

Under the new tariffs, no fees apply to payments of obligations to the government, social security organizations, utilities, and insurance companies.

Bank sources: Placement of 2.2% of Greek lender's shares by Watsa aims to meet regulatory condition of minority ownership below 33%

The total financing for the project amounts to €41.9 million

UBS highlights the positive trends in loans and savings and the financing cost, stressing corporate credit expansion acts as the driving force for the banking sector’s profit margins

The measure aims to lower the cost of doing business and everyday transactions in Greece, with an estimated annual cost to banks of approximately €150 million.

The measure comes after a finance ministry decision last month eliminating or reducing many of the online fees, and after repeated warnings by the Mitsotakis government to bank managements

The Hellenic Bank Association has issued a warning about Caller ID Spoofing, where fraudsters mimic banks to steal sensitive information and drain accounts.

Especially through IRIS, which is available via m-banking, it is possible to send up to 500 euros per day with no charges.

Only JPMorgan remains in the Net-Zero Banking Alliance among the U.S.'s top six banks, raising concerns about lenders' commitment to align financing with the fight against climate change.

A sophisticated fraud scheme emptied the bank accounts of a Greek family in Volos, leading to a request for Interpol's assistance.

Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis

Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis.

Attica Bank emphasized that these changes reflect its commitment to providing competitive and high-quality services.

For transfers up to 5,000 euros, a fee of up to 1 euro will be charged, either fully borne by the sender or shared equally between the parties.

Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.

Well-known US hedge fund manager John Paulson speaks to the Sunday edition of “To Vima” and details his optimism over the course of the Greek economy

It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.