The Greek Deal.com
EUROBANK
Invests another €5 million in Plum
Eurobank has expanded its strategic partnership with UK-based Plum Fintech Limited by making a second €5 million minority capital injection into Plum, the fast-growing fintech in Europe that has created a "smart money management" application.
Net profit of €1.145 billion in the first nine months
Eurobank recorded a positive performance in the first nine months of 2024 with an adjusted net profit of €1.145 billion, of which €498 million came from international operations.
68.81% stake in Hellenic Bank - Stake 8.58% in Demetra
Eurobank has entered into share purchase and sale agreements for the acquisition of a 12.848% stake in Hellenic Bank for €243 million and Demetra for €32.4 million.
The challenge of filling the investment gap in the medium to long term
Fixed capital formation is one of the four components of domestic demand, i.e., the expenditure made by households, businesses and the government on the purchase of final goods and services, as Eurobank writes in its regular publication on the Greek economy.
Recovery Fund will probably continue
Eurobank CEO Fokion Karavias, speaking at the Athens Investment Forum, said that the Recovery Fund will have some kind of continuity beyond 2026-2027.
In the top 4% of banks worldwide in the risk category Negligible
Eurobank was placed in the optimal risk category "Negligible," achieving a score of 9.0 in the latest ESG assessment by the internationally renowned Morningstar Sustainalytics.
Establishes a new Venture Banking Unit
Eurobank has established a Venture Banking unit with the aim of developing an integrated strategy, more efficient operation and further development of its business.
Survey for the Medium-Term Fiscal Strategy Programme 2025-2028
The most recent Eurobank report, "7 Days of Economy," discusses the goals and difficulties associated with the Medium-Term Fiscal Strategy Programme 2025–2028.
Disbursements of €800 million to strengthen the development path of Crete
Eurobank's Management is touring Crete from today, Monday, 14.10.2024, until next Wednesday, 16.10.2024, underscoring the Bank's confidence in the prospects of the Cretan economy and its will to support the pioneering Greek entrepreneurship.
Best Digital Bank for Individuals in Western Europe for 2024
Eurobank was awarded the Best Digital Bank for Individuals in Western Europe for 2024 for the 5th consecutive year by the US magazine Global Finance.
Greek economy in expansion phase - Exogenous risks intensify
The Greek economy, after the negative disruption of the pandemic, which in national accounts terms was mainly reflected in the 2020 data (real GDP fell by 9.3% annually), is in an expansion phase, according to Eurobank's 7 Days Economy.