The bank employees' union called the industrial action over the firing of three staffers at non-systemic Attica Bank

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

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 […]

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 […]

American multinational investment bank Jefferies sees both opportunities and risks in European bank stocks, highlighting the National Bank of Greece (NBG) as a top pick in its “top five” due to its significant 10% payout and a CET1 ratio of 18%. In general, Jefferies believes Greek banks are relatively insulated, or essentially isolated, from the […]

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

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) […]

In the second edition of its monthly tracker, which analyzes industry data from the Bank of Greece, UBS notes that while corporate lending growth remains strong, December was a slower month.

Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).

Piraeus Bank remains NBG Securities’ top pick, as it is viewed as unjustifiably undervalued compared to its Greek banking peers.

UBS highlights the positive trends in loans and savings and the financing cost, stressing corporate credit expansion acts as the driving force for the banking sector’s profit margins

The measure aims to lower the cost of doing business and everyday transactions in Greece, with an estimated annual cost to banks of approximately €150 million.

The measure comes after a finance ministry decision last month eliminating or reducing many of the online fees, and after repeated warnings by the Mitsotakis government to bank managements

Especially through IRIS, which is available via m-banking, it is possible to send up to 500 euros per day with no charges.

Asked about Ex-German chancellor Angela Merkel, central banker Stournaras said that 'in the end she played a very significant role in rescuing Greece'

For transfers up to 5,000 euros, a fee of up to 1 euro will be charged, either fully borne by the sender or shared equally between the parties.

Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.

Well-known US hedge fund manager John Paulson speaks to the Sunday edition of “To Vima” and details his optimism over the course of the Greek economy

Despite a housing shortage in urban areas, Greek banks and servicers in the country hold residential property with a book value of more than eight billion euros