Bonus of €20 Million for Eurobank from Bulgaria’s Eurozone accession Bulgaria’s Eurozone accession to Unlock €1 Billion in Postbank Liquidity, Adding €20 Million Annually to Eurobank’s Profitability. 03 Ιουλ 2025 13:52
ENGLISH EDITION Home auctions freeze may prompt domino risk on securitisations According to Business Daily sources, the Association of Claims Management Companies and the Hellenic Banking Association have sent letters to the Ministry of Finance. 12 Μάιος 2021 16:25
ENGLISH EDITION Banks: Why 41 billion euros of liquidity is tied up in bonds Banks appear unwilling to take on new risks by using every aid, every weapon, in one direction only: the consolidation of balance sheets by drastically reducing non-performing loans. 15 Απρ 2021 08:14
ENGLISH EDITION The next steps for Piraeus Bank's share capital hike According to market estimates, the International Offer, given the strong interest that has already been expressed, can be closed in a few hours, and it is certain that it will be completed within a day. On the contrary, the Hellenic Offer will remain open for 2-3 days. 13 Απρ 2021 07:48
ENGLISH EDITION National Bank lowers flag in Egypt; shuts 17-branch network The bank’s decision to close its branches and terminate its presence in Egypt was a result of the unsuccessful attempts to sell NBG Egypt due to the lack of interest. 08 Απρ 2021 07:48
ENGLISH EDITION Impact on Greek banks from pandemic to intensify in 2021 - cenbank Banks will have to reconsider their credit risk forecasts, while the government is called upon to find a solution to reduce the deferred tax contribution on capital. 07 Απρ 2021 09:10
ENGLISH EDITION Two large weights hanging over Greek banks removed In its report, Moody's notes that the risk of a deterioration in bank assets due to the pandemic is moderate, while the upgrades reflect improving economic conditions as the eurozone recovers from the economic downturn of the pandemic. 02 Απρ 2021 08:22
ENGLISH EDITION How the sale price on Ethniki Insurance deal plummeted by 70pct Despite efforts by National Bank to save face by announcing that the sale price corresponds to a valuation of 505 million euros, in fact, the result is much more unpleasant: 120 million euros of the price is tied to achieving specific goals on selling bank insurance products until 2026. 29 Μαρ 2021 13:54
ENGLISH EDITION NBG sells insurance arm to CVC Capital Partners, reports higher 2020 profit At 505 million the valuation of 100% of the insurance. A significant part of the price, 120 million euros, is linked to the achievement of specific sale targets of bank insurance products by 2026. 27 Μαρ 2021 09:45
ENGLISH EDITION NBG reaches an agreement for selling 90% of Ethniki Insurance to CVC At 505 million the valuation of 100% of the insurance. A significant part of the price, 120 million euros, is linked to the achievement of specific sale targets of bank insurance products by 2026. 26 Μαρ 2021 18:19
ENGLISH EDITION Piraeus Bank's capital plan is a game changer for Greek lenders The bank will raise valuable capital in order to dramatically accelerate the effort to reduce non-performing loans with new large securitizations, with the aim of achieving a single-digit non-performing loan ratio within 12 months from today. 16 Μαρ 2021 13:31
ENGLISH EDITION How Greek bank shares can pull off the big comeback In an effort to finally deal with the chronic NPE problem Greece, the supervisory authority is examining and accepting market friendly financial engineering solutions that a few years ago would have been very difficult, if not impossible, to complete. 05 Μαρ 2021 07:48
ENGLISH EDITION Tensions rise between banks, govt over auctions Legislation, which has secured cross-party support, is also raising concerns for bankers, changing the order of priority in which asset sales revenues of are paid with creditors losing the lead. The process of special management provides for the in-service consolidation and sale of troubled companies. 05 Φεβ 2021 07:49
