
Catalysts Supporting the Narrative of Greek Banks
Stable interest rates, credit expansion, and dynamic buybacks set the stage for higher profits and enhanced distributions
Stable interest rates, credit expansion, and dynamic buybacks set the stage for higher profits and enhanced distributions
Dividend payouts, credit expansion, and international strategy dominate discussions at UBS & Citi conferences — What global analysts want to know
Upgraded target prices and strong loan growth make Greek lenders a top pick despite recent market rally
UBS has issued a bullish note on Greek banks, reiterating Buy ratings across the board and highlighting continued credit momentum, resilient profitability, and an expected gradual decline in cost of capital as key drivers for the sector.
The American-based multinational investment bank upgraded its target prices for the country’s systemic banks, suggesting a substantial margin of increase ranging between 9% and 23%.
Using a technique known as “Caller ID Spoofing,” fraudsters pose as bank employees and manipulate caller ID to display the legitimate phone number of a bank, tricking victims into believing the call is genuine.
The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.
Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.