banking
Diaspora
Vicky Safra: Meet the Wealthiest Greek Woman in the World
Vicky Safra is now the wealthiest Greek woman in the world, following the death of her billionaire husband in December says Forbes.
Business
Ukraine War Wipes $10 Billion Off Athens Stock Exchange
The Athens Stock Exchange has recorded losses of 13.43 percent while the market's capitalization has fallen by 9.345 billion euros ($10.1 billion) since the Russian invasion of Ukraine.
The Large Cap index has fallen by 15.0 percent and the Mid...
Business
Piraeus Bank Presents Healthy Outlook as it Cuts Exposure to Bad Loans
Piraeus Bank, one of Greece's four biggest lenders, reported a significant drop in its exposure of bad loans on Friday.
“Our NPE (non-performing exposures) reduction plan is well on track with more than 90% of actions already executed. NPE reduction...
Economy
Greece’s Piraeus Bank Optimistic for the Future
One of Greece's largest banks, the Piraeus Bank, issued a statement on Wednesday regarding its performance so far in 2021.
Business
Greek-American Banker Says “Smart Businesses Will Survive” Pandemic
Nancy Papaioannou spoke with Greek Reporter this week in a wide-ranging, exclusive interview on doing business in the post-pandemic world.
Business
Piraeus Bank Raises $1.66 Billion Though Equity Offering
Piraeus Bank, one of Greece’s four big lenders, raised a total of 1.38 billion euros ($1.66 billion) through the capital increase process.
Business
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.
Business
PM Mitsotakis Says Greek Exports "Resilient" at Wednesday's Panhellenic Exporters Conference
Greek Prime Minster Kyriakos Mitsotakis was upbeat in his remarks to the Panhellenic Exporters Association on Wednesday, saying that the positive Greek export numbers for 2020 amounted to a "small feat."
Addressing the businesspeople and financial figures who are taking...
Business
Greece in Talks With London-Based Banks for Relocation to Athens
The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official exit of the UK from the European Union in January.
Speaking to Bloomberg TV, Alex Patelis,...
Greece
Piraeus Bank Funds Purchase of Buses in Athens, Thessaloniki
The Piraeus Bank Group announced on Tuesday that it will fund the purchase of buses for the regions of Attica and Thessaloniki.
Alongside Piraeus Leasing, the bank said it will pay for the purchase of 200 buses to be used...