GREEK BANKS

Ειδήσεις, video, ειδησεις τωρα και νέα για GREEK BANKS από το pagenews.gr

  • Greek Banks:From 45% Bad Loans to Market Value Above €50 Billion–The 20 Numbers Behind Extraordinary Comeback

    Greek Banks: From 45% Bad Loans to a Market Value Above €50 Billion – The 20 Numbers Behind an Extraordinary Comeback

    Once viewed as the weakest link in Europe's financial system, Greek banks have completed one of the most dramatic recoveries in modern banking history. Non-performing loans have fallen to near-eurozone levels, lending is expanding at one of the fastest rates in the currency bloc, and the sector's combined market capitalization has surpassed €50 billion. Policymakers and bankers now say the challenge is no longer survival, but financing Greece's next phase of economic growth.

    Greek Banks:From 45% Bad Loans to Market Value Above €50 Billion–The 20 Numbers Behind Extraordinary Comeback
  • Deutsche Bank: Greek Banks Emerge as Prime Takeover Targets in Europe’s Next M&A Wave

    Deutsche Bank: Greek Banks Emerge as Prime Takeover Targets in Europe’s Next M&A Wave

    Germany’s largest lender sees Eurobank, Piraeus Bank and, to a lesser extent, National Bank of Greece as attractive acquisition targets for major European banking groups, including Erste Bank, KBC, BNP Paribas and Crédit Agricole, as cross-border consolidation gains momentum across the Eurozone.

    Deutsche Bank: Greek Banks Emerge as Prime Takeover Targets in Europe’s Next M&A Wave
  • Catalysts Supporting the Narrative of Greek Banks

    Catalysts Supporting the Narrative of Greek Banks

    Stable interest rates, credit expansion, and dynamic buybacks set the stage for higher profits and enhanced distributions

    Catalysts Supporting the Narrative of Greek Banks
  • $10 Trillion in Assets “Grill” Greek Banks in New York

    $10 Trillion in Assets “Grill” Greek Banks in New York

    Dividend payouts, credit expansion, and international strategy dominate discussions at UBS & Citi conferences — What global analysts want to know

    $10 Trillion in Assets “Grill” Greek Banks in New York
  • UBS: “Buy” Rating for All Greek Banks – Strong Credit Momentum and Piraeus Seen as Most Undervalued

    UBS: “Buy” Rating for All Greek Banks – Strong Credit Momentum and Piraeus Seen as Most Undervalued

    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.

    UBS: “Buy” Rating for All Greek Banks – Strong Credit Momentum and Piraeus Seen as Most Undervalued
  • Goldman Sachs Upgrades Greek Banks’ Target Prices

    Goldman Sachs Upgrades Greek Banks’ Target Prices

    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%.

    Goldman Sachs Upgrades Greek Banks’ Target Prices
  • Greek Banks Warn of Sophisticated Phone Scam Targeting Deposits

    Greek Banks Warn of Sophisticated Phone Scam Targeting Deposits

    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.

    Greek Banks Warn of Sophisticated Phone Scam Targeting Deposits
  • Greek Banks Outperform Eurozone in Key Financial Metrics

    Greek Banks Outperform Eurozone in Key Financial Metrics

    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 Outperform Eurozone in Key Financial Metrics
  • Greek Banks See 100mln Hit from New Budget Measures

    Greek Banks See 100mln Hit from New Budget Measures

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

    Greek Banks See 100mln Hit from New Budget Measures
  • S&P upgrades rating of five Greek banks

    S&P upgrades rating of five Greek banks

    S&P upgraded the long-term credit rating of National to BB+ from BB, keeping the short-term credit rating at B and the outlook positive. The upgrade reflects the bank’s improved financial and financial outlook, which has reduced its nonperforming exposure (NPE) ratio to 3.7%, with provision coverage reaching a high of 85%. S&P estimates that the NPE ratio will further decline to below 3% by end-2025, so the cost of risk is forecast to decline to close to 50 basis points by the end of 2026 from 95 bp at the end of 2023.

    S&P upgrades rating of five Greek banks
  • Greek banks are the main financiers of investments in renewable energy sources

    Greek banks are the main financiers of investments in renewable energy sources

    RES financing corresponds to approximately 8% of the Greek banks' serviced loan portfolio, emphasized the Senior General Manager, Head of Corporate & Investment Banking of Piraeus Bank

    Greek banks are the main financiers of investments in renewable energy sources
  • Greek banks: Term deposits on a new footing

    Greek banks: Term deposits on a new footing

    The main characteristic of the renewed products is that the longer the duration of the deposit, the higher the reward in interest or even in kind

    Greek banks: Term deposits on a new footing