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.
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 "credit positive" and showed the resilience of their supervisory capital, Moody's said in its Credit...
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 billion euros of their capital by 2020 under an adverse economic scenario, Reuters says. The health...
German Press: Greek Banks Pass ECT Stress Tests
"The four major Greek financial institutions do not need new capital injections," said German financial newspaper on Sunday, reporting on the stress tests the Greek banks are undergoing. "Relief in Athens: Piraeus Bank, Eurobank, National Bank (NBG) and Alpha Bank...
BoG: €11.5 Bln of HFSF Can Be Used as Precautionary Credit Line
Greece has the ability to use the remaining 11.5 billion euros from its bank rescue fund as a preventive support line when it exits its European Union / International Monetary Fund (IMF) bailout program, Bank of Greece (BoG) Governor Yannis...
BoG Governor: Greek Banking System has Turned Page
In a statement to "Efimerida ton Syntakton" newspaper, Bank of Greece (BoG) Governor Yannis Stournaras said that "today, the Greek banks are based on more solid foundations in comparison with the recent past because they have substantially strengthened their capital position,...
Piraeus Bank and Alpha Bank Pass ECB Stress Tests
According to market estimates, Alpha Bank and Piraeus Bank passed their stress tests with ease. These estimates remain to be confirmed by an official statement, to be released on Sunday. Earlier today, Reuters reported that Alpha Bank has passed the stress...
NBG CEO Optimistic Ahead of Stress Tests
Speaking at a conference of the Greek Institute of Internal Auditions on "Internal control in the middle of developments," National Bank of Greece (NBG) CEO Alexandros Tourkolias revealed that most of the bank's loans are investment loans, spent over...
Negotiations Expected to Continue to Clean Monday
The negotiations between the officials of the Greek Finance Ministry and troika are currently underway and are expected to be continued during the weekend and Clean Monday. The Greek officials are thoroughly examining all the dates related to the...