The partnership between the two lenders aims to expand cooperation across payments, specialized financing, advisory services, capital markets, asset management, and insurance products.

The annual growth rate of total financing to the domestic economy rose to 7.8% in September 2025, up from 7.4% in the previous month.

Fitch also upgraded Piraeus’ senior preferred debt rating by one notch to “BBB-” from “BB” and its Tier 2 subordinated debt rating to “BB” from “BB-.”

U.S. President reaffirms opposition to West Bank annexation as Israeli far-right lawmakers advance a symbolic bill, risking tensions amid efforts to preserve Gaza ceasefire

Citigroup forecasts net profit for the third quarter at €221 million (excluding charitable donations for school reconstruction) and reported net profit at €193 million.

Lawmakers give preliminary approval to a bill applying Israeli law to the occupied West Bank, defying global opposition and drawing sharp Palestinian condemnation

In its weekly analysis, the Greek bank stresses that inflation in Greece stands at an average of 3% compared to the 2.1% in the Eurozone.

Greece’s draft 2026 budget banks on doubling investments to drive growth, but EU funding deadlines, a cooling property market, and stubborn inflation pose serious risks

Greek banks benefit from better credit conditions, improved liquidity, and stable funding, which enhances their resilience.

Mitsotakis welcomed the investment of Italy’s UniCredit SpA in Alpha Bank in an interview with Bloomberg.

During meetings at the UN General Assembly, U.S. President Donald Trump assured Arab leaders he would block any Israeli annexation of the occupied West Bank, Politico reported, citing people familiar with the talks

BoG Governor Yannis Stournaras cautioned that sudden wage rises risk economic instability, while pointing to falling debt, strong growth and new competition in banking

UBS noted that Greek banks are still trading at a discount to their European peers, with price-to-earnings ratios of 7.9 times for 2026.

Mortgage lending in Greece is recovering after years of decline, with banks launching low-interest products to attract borrowers in their 40s and 50s

Inflation is projected to decline to 2.6% in 2026 and drop further to 2.4% in 2027, according to the central bank’s baseline scenario projections.

Deutsche Bank says the European Central Bank has probably completed its interest rate reductions, with 2% seen as the final rate, though future moves remain possible if inflation trends shift

Bank of America recommends a “buy” on three of the banks, except National Bank, for which it maintains a “neutral” rating.

With Euribor near 2%, banks are offering more attractive loans. In July, average mortgage rates fell to 3.52%—110 bps lower than last year—and competition may push them down further.

After eight consecutive reductions, the European Central Bank is expected to halt rate cuts, stabilizing lending conditions and boosting banks’ income prospects.

According to the report, inflation based on the Harmonized Index of Consumer Prices is expected to continue slowing during the projection period.