Eurobank CEO points the finger back at the state, arguing that it is government-imposed conditions, particularly those tied to property legalization and digital registration, that are delaying sales.

Multinational investment bank Citigroup forecasts the rating of Greece will be raised by a notch within the next nine months from the top two credit rating agencies, S&P and Moody’s, which control 80% of the market. This would mean that S&P would assess Greece one level above “investment grade,” while Moody’s—currently the only one of […]

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.

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

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

Attica Bank plans to raise €735 million to repay a Tier 2 bond and to support its growth.

This means that Greece could raise up to 727.2 million euros from the sale.

Attica Bank CEO Eleni Vrettou termed the merger as a historic move for the non-systemic bank

Greece showed improved performance but still lags behind the EU average

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