The success of bank digitization is particularly evident in consumer lending. According to sources, nearly seven out of ten consumer loans granted last year were issued exclusively through banks’ digital channels.

According to UBS, Alpha Bank offers the strongest earnings-per-share growth but the lowest ROTE, while Eurobank stands out as an attractive regional growth story supported by successful acquisitions.

Deutsche Bank said the potential upgrade of Greece to Developed Market status by MSCI could draw a broader pool of international investors.

Banks will operate as normal on New Year’s Eve, while all branches will remain closed on Thursday, January 1, due to the public holiday. Customer service at bank branches will resume on Friday, January 2

The final bank holiday of the festive season will be Tuesday 6 January, marking the Feast of Epiphany.

JPMorgan’s strategy for Greece includes overweight positions in 10-year bonds, as well as trades reflecting expectations of steeper yields

Goldman Sachs notes that valuations in the sector remain attractive, as Greek banks trade at roughly 1.2 times the 2026

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

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

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

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.

UBS lowered Greece’s 2025 growth forecast to 2.3% but sees recovery driven by consumption, investment, and tourism, with banks still outperforming the European average.

The German bank sees strong loan growth and capital performance driving further upside for Greek lenders, despite recent stock market gains

Read the full details of the latest banking fee reforms and ATM changes coming into effect on August 11

Revised law tabled in parliament mandates free ATM withdrawals, sets fee caps, and promotes digital banking amid growing public backlash.

This marks the fifth time in the past decade that Citi Greece has received the Best Investment Bank distinction in Greece.

UBS cautions that in the short term, the sector appears vulnerable to risk-off sentiment if broader geopolitical or financial issues emerge