This means that Greece could raise up to 727.2 million euros from the sale.
Alpha Bank, Eurobank, National Bank, and Piraeus Bank are the Greek banks likely to record historical highs in profitability, paving the way for even greater shareholder rewards in 2025, with 35% of 2024 profits expected to be returned.
"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said
The banking sector is set to dominate the dividend arena, signaling a closure to the turbulent years of the crisis
The yield was slightly lower than the 3.88% recorded in the previous issue last November
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