• ECONOMY
    Positive feedback for banks at Paris roadshow

    The management teams of Greece’s four systemic banks received a very positive welcome from the representatives of international institutional portfolios at the three-day European banking roadshow organized last week by Goldman Sachs in Paris, sources have indicated. Nonperforming loans, they said, are no longer at the center of discussions, as they were in the past, […]

  • ECONOMY
    Banks defend their rate spread

    The spread between interest rates on loans and deposits is decreasing significantly, mainly after the recent increases in interest rates on new term deposits by Greek banks, according to the Hellenic Bank Association (HBA).

  • ECONOMY
    Banks see revenue from interest soar

    Greece’s four systemic banks recorded an increase in interest income between 50% and 75% in the first quarter of the year, benefiting from the rise in interest rates on their loan portfolios and the containment of interest rates on deposits.

  • ECONOMY
    Banks benefit from activity abroad

    Some 8.6% of the profitability of Greek banking groups came in 2022 from abroad, where profits before taxes amounted to 380 million euros out of a total of €4.5 billion, which was the profitability of the entire banking system in Greece last year.

  • CYPRUS
    DISY in Cyprus is not tired of approving laws to serve the banks

    Statements by AKEL C.C. Spokesperson Giorgos Koukoumas: DISY is not tired of approving laws to serve the ban AKEL satisfied with the adoption of the extension of the suspension of foreclosures for another three months 11 November 2022, ‘Astra’ radio On behalf of AKEL, the Party’s press spokesperson, Giorgos Koukoumas, expressed satisfaction with the adoption […]