Pierrakakis condemned the practice by Piraeus Bank of selling ATMs to third-party operators who then imposed extra fees on bank customers.
‘The most challenging situation I’ve seen in 17 years.’ Cuts to food stamps and other federal programs mean some people go home hungry.
UBS cautions that in the short term, the sector appears vulnerable to risk-off sentiment if broader geopolitical or financial issues emerge
The U.S.-based investment bank recommends "buy" for three banks and "neutral" for one.
Stournaras underscored the need to achieve higher productivity to maintain the standard of living.
Palestinian Prime Minister Mohammad Mustafa suggested the deteriorating conditions are part of a broader strategy. "They are doing everything they can to make life extremely difficult for our people," he said
In total, credit institutions are expected to contribute 100 million euros to the entity.
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.