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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.

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

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

Optimism pervaded discussions about dividend distribution from 2023 profits, with talks with regulators in preliminary stages.