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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...
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...
Prominent Greek Banker Ioannis Costopoulos Dies at 83
Greek banker Ioannis Costopoulos, the Honorary Chairman of the Board of Directors of Alpha Bank, passed away in Athens on Tuesday. He was 83.
Former Banker Leaves US to Reconnect with Parents’ Homeland in Greece
Peter Manuselis was once in many ways a typical Greek-American -- but growing up in North Canton, Ohio with his immigrant parents, he simply...
Greek Bankers Say Non-Performing Loans Remain an Issue (video)
Greek bankers on Monday highlighted the opportunities stemming from the recovery of the Greek economy but also warned of the challenges facing their sector...
Bloomberg: 'Central Bank of Greece To Cut Bad Debts of Banks in Half'
The Central Bank of Greece is working on a plan to cut in half all the bad debts that burden Greek banks, according to...
Athens Stock Exchange Plummets Following Massive Bank Shares Sell-off
Scenarios of a new bank recapitalization and the Italian crisis triggered a massive bank share sell-off that dragged the Athens Stock Exchange to a...
First Greek Bank Joins UN Initiative for Sustainable Banking
Greece's Piraeus Bank and twenty-five other leading global lenders from five continents are re-defining financial institutions’ purpose and business model to align the sector...
Greek Banks Get Positive Stress Test Results from Moody's
The results of a stress test round for the four Greek systemic banks -- Alpha Bank, Eurobank, National Bank and Piraeus Bank -- are...
Top Greek Banks would Lose €15.5 Bln of Capital in Stress Scenario: ECB
Greece’s four biggest banks said on Saturday that no new funding plans were needed after stress test results showed they would lose around 15.5...


