The Greek Deal.com
GREEK BANK
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.
Extending lending to SMEs is a major challenge
Prof. Gikas Hardouvelis, the Chairman of the Board of Directors, gave a speech at the Union of Hellenic Banks' open annual general meeting, where he reviewed the advancements that the Greek banking system has made in the last few years.
I have changed my view on cooperative banks
The Cooperative Bank of Karditsa was described as a model of good operation and a sound and sustainable business model by Yannis Stournaras, in his speech at the anniversary event for the 30th anniversary of its foundation.
Credit guarantees to leading Greek banks to unlock up to €4.5 billion of SME lending
The European Investment Fund (EIF) signed guarantee agreements with Greece’s top four banks to mobilise up to about €4.5 billion in financing for small and medium-sized enterprises.
New target prices and recommendations for Greek banks
Banking giant Goldman Sachs raises target prices for Greek banks.
€3.62 billion in profits and 33% reduction in red loans by 2023
A coverage rate 25% higher than the European average for the four systemic banks in 2023, according from the European Central Bank's Single Supervisory Mechanism.
An Englishman, an German, an Investor, a Greek Media owner and a Bank
It was an Englishman and a German investor, looking for things in Greece. It sounds like a joke, but it's not.