Greek bank

Greece's Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of India to open a representative office in Mumbai, the Economic Times reports. With 80.5 billion euros...

A first-instance court prosecutor on Tuesday launched an investigation into two first-instance court rulings finding in favor of a Greek bank, after a lawyer representing the litigants filed a complaint that the two rulings had a suspiciously similar wording. According...

A robbery like those you watch in the movies took place on Tuesday, August 9, in a Piraeus Bank branch in Athens. The robbers struck around 2:15pm and were in the branch for two hours right across from the...

Greek bank deposits grew 1.15 billion euros in December, a “small but significant return of deposits” after six years of losses which amounted to 114 billion euros, National Bank chairwoman and Hellenic Bank Association president Louka Katseli said. Speaking in...

A banker from Greece who had committed a large-scale scam reminiscent of Hollywood movie scripts was investigated by Greek police. The banker was working in a bank branch on the island of Salamis and he managed to extract large...

Economy, Development and Tourism Minister Giorgos Stathakis didn’t rule out the possibility of imposing a tax on banking transactions as part of the government’s efforts to increase revenues, according to statements made to a Greek private radio station on...

Greek bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on Monday during a speech at an annual business forum in Athens. Speaking at “The Greek economy” conference, Costello...

, In a statement made on Monday, Piraeus Bank said its customer deposits totaled 38.1 billion euros at the end of September, of which 34.5 billion deposits were in Greece. The bank said that economic and political conditions in Greece showed signs of...

The European Central Bank is set to change its rules to allow it to buy asset-backed securities with junk ratings issued by Greek and Cypriot banks. The ECB’s executive board, meeting Thursday (2 October), is to propose that its requirements...

Bank credit to the private sector remained negative in May, with the annual growth rate of total credit extended to the domestic private sector slowing at -3.5, from -3.7 in the previous month, the Bank of Greece said on...