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Greek Banks Win Credit Upgrades from Fitch and Moody’s
Greek systemic banks earned credit upgrades from credit agencies Fitch and Moody's on Tuesday following a recent round of upgrades of Greece's credit rating.
Fitch...
Would Greek Banks Survive a Global Financial Crisis?
The shares of Greek banks took a hit on Wednesday following fears of a global meltdown after the troubles of banking giant Credit Suisse.
Piraeus...
Fitch Upgrades Rating of Three Major Greek Banks
Credit ratings agency Fitch raised on Monday the credit rating of three major Greek banks: Eurobank, National Bank of Greece and Alpha Bank. Last...
Eldorado Gold Secures Finance from Greek Banks for the Skouries Project
Canadian firm Eldorado Gold has signed a mandate letter for a credit-committee-sanctioned €680 million finance facility from Greek banks to develop the Skouries project...
Moody’s Upgrades the Four Largest Greek Banks
The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all...
Reports Say Greek Banks to Axe Up to 4,000 Jobs in 2019
Greek banks are expected to cut up to 4,000 positions during the year 2019, various outlets in the Greek media reported on Monday.
Most of...
Piraeus CEO: Greek Banks to Significantly Reduce Bad Loans by 2021 (VIDEO)
The high level of bad loans in Greece is still the largest economic issue that the embattled nation needs to focus on, the head...
Greek Banks Ready To Agree on New Home Protection Plan
The Hellenic Bank Association is ready to agree with the Greek government on a new plan which aims to protect the primary homes of...
Goldman Sachs: Greek Banks have Limited Ability to Withstand Shocks
Greek banks have a limited ability to withstand external or internal shocks, a Goldman Sachs report says.
According to Capital.gr website, Goldman Sachs representatives were...
Varoufakis: Greek Banks and State Should Not Have Been Saved
The bailout plan that saved the banks and Greek state, has allowed the country to remain in “same black hole” from over a decade ago,...