BofA underlines that the equities of Greek banks were trading at a discount price compared to European banks, making them very “attractive” for investors.
Eurobank's CEO Karavias urged entrepreneurs to invest in expanding operations, enhancing product quality, and ensuring long-term sustainability.
The Athens Stock Exchange ranked third globally in returns for both May and year-to-date performance, according to data from Deutsche Bank. In May alone, the ASE delivered a return of over 9%, placing it behind only the European banking index (DJ Stoxx 600 Banks) and the NASDAQ. The German bank attributes the solid showing to […]
Deutsche Bank has raised its target price for Alpha Bank to €3.35 from €3, maintaining a “buy” recommendation. The German multinational investment bank stresses the Greek systemic bank’s robust performance in Q1 2025, suggesting solid fundamentals and a positive outlook. The Greek bank, the German bank notes, is outperforming its competitors primarily due to its […]
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.
ELTA’s post offices will serve as mini bank branches, something especially important for rural and remote regions
Piraeus Bank raised €500 million from its foray into the markets on Tuesday via the issuance of its third green bond, with investors showing overwhelming interest. Demand reached €3.75 billion—more than 7.5 times the initial offering—highlighting strong investor confidence. As a result of this significant oversubscription, the bond’s yield was set at 115 basis points […]
HSBC raised its target for Alpha Bank to 3.75 euros from 3.05 euros, for National Bank to 11.80 from 9.90 euros, and for Piraeus Bank to 7.50 from 7.25 euros.
The bank employees' union called the industrial action over the firing of three staffers at non-systemic Attica Bank
A mission of foreign diplomats, including a delegation from the European Union (EU), has reportedly come under fire in the West Bank by Israeli soldiers. The delegation was visiting a Palestinian refugee camp in Jenin on Wednesday to assess the humanitarian conditions on the ground when the incident occurred. A member of the mission described […]
A Bank of Greece (BoG) report assesses the country’s financial stability and recovery are at risk from external factors linked to rising geopolitical tensions and the global resurgence of trade protectionism like tariffs. The May 2025 Financial Stability Report highlights significant improvements in the Greek banking sector, as it continued to exhibit robustness in its […]
Currently, three Greek banks have rolled out ATMs that support this feature, with more expected to follow as the demand for contactless services continues to grow
The BoG notes that inflation in Greece remains driven by rising service costs and unprocessed food prices, while energy shows internal disparities.
As Greek banks are set to announce their quarterly results for the year this week, JP Morgan estimates the sector will continue on a positive trend, albeit slightly down. As JP Morgan notes, while Q1 results in 2025 posted a slight slump following a strong performance in Q4 of 2024, marked by substantial credit growth […]
Households and private non-profit institutions saw their deposits shrink by 158 million euros in March.
Greece’s Finance Minister, Kyriakos Pierrakakis, held a high-level meeting on Friday, April 25, with Treasury Secretary Scott Bessent and Deputy U.S. Treasury Secretary Michael Faulkender.
JP Morgan has raised its target prices for Greek banks, despite revising its forecast for the European Central Bank’s key interest rate downward, now expecting it to reach 1.5% by the end of 2025. Alpha Bank: JP Morgan included higher loan volumes in its revised estimates, reflecting the bank’s stronger-than-expected performance in 2024. Despite lowering […]
Greece recorded a primary cash surplus of €4.1 billion for the period January to March 2025, a significant increase from the €2.4 billion surplus registered during the same period last year, according to the Bank of Greece (BoG). The data released today by the Bank of Greece revealed that the central government’s overall cash balance […]
His heart, passion and unforgettable saves made him a legend between the posts, and he treated the fans to multiple moments of sheer magnificence
Fitch Ratings Agency upgraded the four systemic Greek banks in its latest report. The National Bank of Greece (NBG) and Eurobank lead the way, as their ratings were raised to “BBB-” from “BB+” with a stable outlook. Meanwhile, Alpha Bank and Piraeus Bank were upgraded to “BB+” from “BB,” with a positive outlook. NBG’s upgrade reflects […]