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 […]

The Greek Church is reportedly in the process of becoming a partner in setting up a “digital bank”, also known as Financial Technology (FinTech), similar to the widely used Revolut app. FinTech encompasses the use of mobile applications, software, and other technology that enable users and enterprises to access and manage their finances digitally Sources […]

The "Easter Basket" which will likely go into effect on Wednesday, April 9, and remain until Holy Saturday, April 19, will traditionally include lamb, goat, Easter bread, chocolate Easter eggs, and other chocolate-based products.

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.

With a one-day delay, Moody’s upgraded Alpha Bank and Piraeus Bank, following the recent upgrade of the Greek economy. The credit rating agency had already upgraded the other two systemic banks, National Bank of Greece and Eurobank, as well as Attica Bank, the previous night. Specifically, Moody’s raised the credit ratings of Alpha Bank and […]

Moody’s Credit Ratings has upgraded Greek banks, shifting their outlook from positive to stable. Specifically, Moody’s upgraded the long-term deposit ratings and senior ratings of the National Bank of Greece (NBG) to Baa1 from Baa2, as well as its standalone Baseline Credit Assessment (BCA) to baa3 from ba1. The bank’s long-term Counterparty Risk Rating (CRR) […]

Bank of Greece (BoG) Governor Yannis Stournaras firmly ruled out any discussion regarding the reinstatement of the 13th and 14th salaries, speaking at the conference Ellada Meta VIII, co-organized by Kyklos Ideon (Circle of Ideas) -the Greek think tank- in partnership with the Delphi Economic Forum. The event focused on “Europe, Greece, and the Onslaught […]