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GREEK BANK
Morgan Stanley maintains its constructive stance
Morgan Stanley maintains its constructive stance on Greek banks, following meetings between the firm's analysts and bank management, government officials and industry players.
Bullish on all Greek banks
Citi maintained its "buy" ratings on all Greek banks and reinstated its coverage of Eurobank, after previous restrictions.
Three big conferences ahead
The preparations of the managements of Greek banks are feverish due to forthcoming conferences, as BnB Daily learns..
Up to 56% upside potential for Greek banks
UBS sees a significant rise in Greek bank shares, while UBS says that capital distributions to shareholders may exceed management forecasts.
Why they proceeded το new upgrade of the target of greek banks
Upgrades for Greek banks continue, as after Fitch it is the turn of Goldman Sachs and Morgan Stanley.
Collaborates with Greek Banks to boost mid-caps’ access to finance
The European Investment Bank (EIB) and Greece’s four systemic banks have agreed to a new collaboration in the form of a €700 million guarantee programme to support mid-caps in Greece.
What to expect from Greek Banks in the second quarter of the year
The domestic market is moving at the pace of Greek bank results for the second quarter of 2024, with Euroxx expecting strong numbers.
Vote of confidence in Greek banks
Greek banks are being covered by Swiss bank UBS, which has initiated a "buy" recommendation on them. According to analysts, Greek banks are recovering quickly from a crisis that lasted more than ten years and can profit from the expansion of the Greek economy by lending to Greek businesses.
70.4% jump in net profit in 2023
In 2023, the Cooperative Bank of Epirus saw increases in net profit of 70.38% and profit before provisions (PBR) of 14.48%.
Greek banks upgraded by the credit rating agency
The credit ratings of Alpha Bank, Eurobank, National Bank, Piraeus Bank, and Aegean Baltic Bank have all been upgraded by S&P Global Ratings.
Banking integration in the EU for the benefit of all
At the 28th Annual Economist Government Roundtable, a panel discussed the need to expedite the EU's banking integration processes, emphasizing the banking industry's strong position in Europe and Greece.