This year alone, deposits held by households and businesses in the country will witness a ninth year of continuous increase, following several years of reductions amid an uncertain period punctuated by three bailouts from 2010 to 2015
ATHEX was only outpaced by silver, gold, and Brazil’s Bovespa Index in local currency and dollar value, according to a report by German Deutsche Bank.
Goldman Sachs notes that valuations in the sector remain attractive, as Greek banks trade at roughly 1.2 times the 2026
Bank deposits by the general government dropped by €447 million in October, after rising by €409 million in September.
Piraeus Bank improved its standing since holding a “BBB” rating at the end of 2020. It is now the only Greek company to hold an “AAA” grade.
Bank of Greece noted that in recent years there has been a significant increase in research and development investments.
JPMorgan highlights that the Greek bank’s shares continue to trade at a “cheap level,” below 7xP/E (price-to-earnings ratio).
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.