Greeks living in the United States, the United Kingdom and Israel, as well as other residents of those countries with ties to Greece, can now open a bank account in Greece without traveling to the country, under a new...
Speaking to Bloomberg, Greek Prime Minister Kyriakos Mitsotakis, in addressing both defense and banking priorities, placed the creation of a joint European defense financing mechanism at the top of his agenda. “I have long supported the need for common...
Greece on Monday announced plans to sell a 20 percent stake in the National Bank of Greece (NBG) after concluding the sale of a 9 percent stake in Alpha Bank to UniCredit.
The shares in NBG, Greece's second-largest bank by...
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 Ratings upgraded Eurobank SA's Long-Term Issuer Default Ratings (IDRs) to 'BB' from 'BB-', and Viability...
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 of them is positive.
The upgrade, "driven by their improving asset quality and solvency and good...
Greece's Alpha Astika Akinita, an Alpha Bank subsidiary, said it has sold its Serbian subsidiary Alpha Real Estate to Mat Real Estate for 8.4 million euros ($9.9 million).
The transaction was carried out on November 28, Alpha Astika Akinita, a...
Tourism, a traditionally strong pillar of Greece's economy, holds a decisive role in the country's efforts to recover from the current debt crisis, a survey carried out by Alpha Bank shows.
According to the latest central Bank of Greece data...
The completion of the sale of the Athens Hilton to Home Holdings on Friday opens the way for the company's plans for new and more luxurious services, according to a Kathimerini report.
Alpha Bank, owner of Ionian Hotels to which...
Alpha Bank agreed on Thursday to sell the Hilton Hotel in Athens to the consortium comprising Greece’s TEMES and Turkey’s Dogus Holdings A.S.
The two sides reached a deal on a price of 142 million euros for 97.3% of shares,...
