Politico: Total dividends of Greek banks at 840 million euros According to an article in Politico, citing Greek banking sources, the European Central Bank is expected to give the go-ahead in June for the four systemic lenders. 08 Απρ 2024 16:35
ENGLISH EDITIONGreece scrambles to subsidize small business loans The basic plan of the government foresees that a program similar to the "Bridge" program will be created for small businesses and professionals. 14 Ιαν 2021 10:14
ENGLISH EDITIONStournaras: Why ECB liquidity is not reaching Greece's real economy With the exception of some large companies that actually have access to new lending, the liquidity that reaches small - medium sized enterprises and households is minimal, governor of BoG pointed out. 18 Δεκ 2020 13:23
ENGLISH EDITIONHow Islamic banks compare to other financial institutions In their article for Business Daily, Christos Alexakis, Vasileios Pappas & Athina Petropoulou explain, among others, why Islamic finance may be important to Greece. 17 Δεκ 2020 07:49
ENGLISH EDITIONMoody's: Path opens up for NPL deals by Greek banks In comments to Business Daily, Nondas Nicolaides, a Vice President and Senior Credit Analyst at Moody’s Investors Service, stresses that 2021 will be the year that banks in Greece will see their asset quality improve. 15 Δεκ 2020 06:49
ENGLISH EDITIONEU to unveil bad bank framework needed to keep up lending The European Commission is expected to unveil next week its strategic plan for the establishment of bad banks at the national level, as revealed yesterday, Mairead McGuiness. 09 Δεκ 2020 14:26
ENGLISH EDITIONBank shares soar 60% on Athens bourse As of November 6, the profits of the banking index exceed 60%, while a jump of 23.6% has been recorded by the General Index, an increase accompanied by a large increase in trading activity. 27 Νοε 2020 12:03
ENGLISH EDITIONNew plan from Piraeus Bank to slash bad debt 2021, according to what CEO Christos Megalou told analysts yesterday, will be a key year for reducing non-performing exposures, which is estimated to reach 12 billion euros in total. 24 Νοε 2020 13:40
ENGLISH EDITIONMillions of card transactions missed due to National Bank system glitch According to Business Daily sources, the problem concerns about 200,000 credit and debit cards with which more than 6 million transactions made from the summer of 2019 to the summer of 2020, the total value of which is close to 200 million euros. 23 Νοε 2020 13:02
ENGLISH EDITIONWhat S&P sees for Greek banks in 2021 In its forecast for the economy, S&P appears relatively optimistic, predicting that GDP will shrink by 9% this year and will recover by 6.8% in 2021. 18 Νοε 2020 11:32
ENGLISH EDITIONWhat is behind the winter rally in bank shares Expectations for a return to normalcy, following the positive developments on the vaccine front. The faster return of economies to normalcy will allow for more efficient management of loans where payments have been temporary frozen on debt reaching 20 billion euros. 17 Νοε 2020 13:59
ENGLISH EDITIONSSM to decide on Piraeus Bank today; lender to hold weekend board meeting All indications are that SSM will not allow for the repayment of the 165 million euros, triggering the conversion of the CoCos into shares. 12 Νοε 2020 13:25
ENGLISH EDITIONCocos push Greece's largest bank into state hands Τhe sharp drop in share price and shrinking of the bank's market capitalization to 283 million euros has raised concerns about the transmission of the crisis to other banks. 30 Οκτ 2020 12:37