Attica Bank

The Bank of Greece on Tuesday announced that it had lifted temporary restrictions on new lending and credit facilities by Attica Bank, after the bank resolved corporate governance issues. The central bank said that an emergency general shareholders' meeting at...

The Bank of Greece is about to place Attica Bank under supervision after the exposure of numerous suspicious loans and losses, involving a tenderer of the recent television licensing auction. Specifically, the bank has given 2.2 billion euros in loans,...

Greek Banker Theodoros Pantalakis was selected by the board of Attica Bank to be its new CEO, the bank said in a press release on Monday. “During today’s meeting, the bank’s board of directors, upon a proposal of the Corporate...

The inspection of Attica Bank, Greece's fifth largest bank, conducted jointly by the Bank of Greece and European Central Bank's Single Supervisory Mechanism led to scandalous findings that have been submitted to the prosecuting authorities. Administration mismanagement has come...

Attica Bank has become the unofficial battleground in the war between Bank of Greece governor Yiannis Stournaras and the Greek government. The reason is that the BoG chief is doing his job and doesn't allow the Alexis Tsipras administration...

With the consent of Bank of Greece and major shareholder TSMEDE, Theodoros Pantalakis will be the new executive director of Attica Bank, a problematic lending institution. Bank of Greece governor Yiannis Stournaras had previously turned down a proposal by the...

Moody’s downgraded five Greek banks on Monday, citing heightened uncertainty regarding the new government's ability to reach an agreement with its creditors before the end of the current support program that expires at the end of February. The ratings agency said...

Ailing Greek banks, which have already received 41 billion euros in an injection of state money from bailouts, will need another 6.382 billion, stress tests performed by BlackRock Solutions has recommended, less than the nine billion estimated by international...

The biggest stumbling block for Greece in its long-stalled negotiations with international lenders is how much more money already-recapitalized state banks are going to need. That's hanging up a deal that's blocking release of a pending nine billion euro ($12.46...

Greece's more than century-old Hellenic Postbank faces a big change - over the protest of its workers - after the newspaper Kathimerini reported that Greece’s creditors approved a plan to have its healthy assets absorbed by the  Hellenic Financial...