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BANKS
Gains for Lamda - Sellers in OTE, PPC
The market closed with marginal gains in the session on Thursday, November 16, at the Athens Stock Exchange.
Stock market gains led by banks
The Athens Stock Exchange receives a strong banking boost to move higher, after the rapid coverage of Ethniki's (NBG) offer book.
Sellers dominate
Sellers dominate the stock market amid a global corrective trend following the assertive tones of Fed Jerome Powell.
Profit taking - Low turnover
The stock market closed slightly lower in today's session, with trading activity remaining at low levels, amidst an upward movement in European markets.
Greek banks are adequately capitalized - Possible risks for the economy
In the Financial Stability Report, Bank of Greece Governor Giannis Stournaras recommends to the managements of the banking groups
Alpha Bank’s strategic partnership with Unicredit is credit positive
The deal will enhance Alpha Bank's tangible capital and profitability. Alpha Bank's return on tangible equity (RoTE) is expected to increase by around 50 basis points, Moody's reckons.
Private sector credit expansion gathers pace in Sept; At 2.1%
Bank credit to Greece’s private sector increased to 2.1% in September from 0.9% in the previous month, central bank data showed. Credit to households was positive by 34 million euros.
Private sector deposits rise further in Sept; At 191.7b euros
Private sector bank deposits rise further in September, boosted by both corporate and households’ savings, amounting 191.7b euros
Pancreta and Attica's business plan to be ready by Feb
The due diligence process is scheduled to start in coming weeks, which will define the terms of the merger and the swap ratio between the banks.
Hatzidakis, Stournaras welcome mega-deal
Finance Minister and Bank of Greece head welcomed the Alpha Bank-Unicredit mega deal, as a European bank invests in Greece after a decade.
HFSF confirms offer by Unicredit for Alpha's stake; To launch tender process
Hellenic Financial Stability Fund confirms it has received an offer by Uncredit to buy 9% Alpha’s own stake held by the bank rescue fund.