Search Results: Bank of Greece

The average interest rate on overnight deposits placed by households remained unchanged at 0.03%, while the corresponding rate on deposits by non-financial corporations remained almost unchanged at 0.17%

Analysts at the National Bank of Greece (NGB) estimate that in 2024 Greek tourism could achieve new records, with arrivals reaching 35 million tourists

Corporate deposits rose by 36 million euros in April 2024, a notable shift from the 1,278 million increase recorded in the previous month.

March of this year saw an even more impressive surge, with non-resident arrivals spiking by 31.2% and revenues jumping by 34.2% compared to March 2023.

In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros

General inflation is expected to further decline in 2024 to 2.8%

This reflects a surplus of 112.6 million euros in January 2024 for the tourism balance, compared to a surplus of 54.6 million euros in the same month of 2023

As the BoG reveals, from early 2018 until the end of 2023, average housing sales prices at the national level have increased by 60%.

The surplus was attributed primarily to improvements in the secondary income balance and, to a lesser extent, the services balance

Investments and private consumption are expected to be the key drivers of economic activity in the coming years

The Bank of Greece Governor says the ECB should not be swayed by the US Federal Reserve and must cut rates at least twice before summer

Influential Greek central banker addresses event at the University of Liverpool

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

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).

Debt collection companies operating in Greece are under investigation, in order to determine whether they comply with the rules of domestic legislation

The price range was set at between 3.7 and 4 euros per share, HFSF added.

In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase

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, […]

Hellenic Financial Stability Fund (HSFS) may request improved offer