BANKS
The new Morgan Stanley report on the domestic banking system is a negative surprise. This is because it lowers the target prices of bank stocks, downgrading the recommendation for Piraeus and National Bank.
19/11/24 • 08:00
Greek banks are ready to move forward with overseas acquisition deals after overcoming the painful restructuring hurdle, top executives of the country's four largest banks said.
18/11/24 • 16:07
Positive reports from major international banks on Greek banks continue, following the strong figures announced in the first nine months of the year.
15/11/24 • 07:11
Axia Research describes the very good results announced by Greek banks for the third quarter of the year as a strong basis for 2024 performance, surprising the market positively.
14/11/24 • 07:10
As Piraeus and the remaining systemic banks announce results today, the time of the banks has come. The focus of the analysts' briefing on the figures to be announced is the reduction in interest rates and their impact on banks' revenues.
01/11/24 • 08:33
One of the top issues that international rating agencies, investment banks (e.g., Goldman Sachs), and institutions are examining in recent meetings with bank management is the course of interest income.
25/10/24 • 08:35
Teams of the ECB's Single Supervisory Mechanism (SSM) are in Athens, as they held meetings on Friday in order to gain an overview of the domestic banking system.
30/09/24 • 09:40
Greek banks have once again emerged as "champions" in the Eurozone in terms of interest rate spreads and red loans, as the latest data released today by the European Central Bank show.
23/09/24 • 16:16
Kostis Hatzidakis, the Minister of National Economy and Finance, made the announcement regarding the extension of the Hercules program by an additional €1 billion during an inter-ministerial discussion on the details of the TIF measures.
17/09/24 • 08:46
Canadian rating agency DBRS Morningstar reaffirmed on Friday its BBB (low) rating for Greece and upgraded the outlook from stable to positive.
09/09/24 • 10:16
Fitch upgraded four Greek systemic banks, giving all of them a positive outlook. In particular, the agency upgraded the long-term ratings of National Bank and Eurobank to 'BB+', from 'BB' previously, with positive outlooks for both banks.
05/09/24 • 08:47