Tag #Banking Sector

Showing 13 to 24 of 44 results

kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks' Strong Loan Growth to Offset Lower Interest Rates: Goldman Sachs

Goldman Sachs affirms its positive view on Greek banks despite ECB interest rate cuts, citing unexpectedly strong loan growth (12-16% vs. 7.5% projected) in Q1 2025 as a mitigating factor for potential impacts on net interest income.

Progress

36% Bias Score

Decent Work and Economic Growth
t24.com.tr
🌐 75% Global Worthiness
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Turkish Bank Credit Rises as Deposits Fall Sharply

During the week of June 5th, 2025, Turkish bank credit rose by 16.7 billion lira to 18.9 trillion lira, while deposits fell by 92.3 billion lira to 22 trillion lira, driven by increased credit card debt (2.19 trillion lira) and non-performing loans (412.4 billion lira).

Progress

16% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Record High Overdue Credit Card Payments in Russia

As of early 2025, 2.35 million Russians have credit card debt overdue by more than 30 days, projected to reach 3.8 million by July, due to rapid credit card portfolio growth from 2021-2024, reaching almost 4.4 trillion rubles, and potentially impacting consumer spending and the economy.

Progress

44% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkish Banks' Performance Hinges on Central Bank's Policy Rate Decisions

S&P Global Ratings' Anais Ozyavuz predicts Turkish banks' performance hinges on the Central Bank's policy rate decisions; a gradual decrease is expected from summer onwards, contingent on macroeconomic stability; however, high reliance on short-term foreign finance poses a vulnerability.

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Greek Banks: Strong Profitability and Improved Asset Quality Forecast

Moody's and Deutsche Bank analysts forecast continued strong profitability for Greek banks in 2025-2026, driven by high recurring income, reduced impairments, and robust loan growth; NPEs are nearing EU averages, and capital ratios remain comfortably above minimum requirements.

Progress

40% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 85% Global Worthiness
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Trump Tariffs to Trigger Mexican Recession, Fitch Warns

Fitch Ratings forecasts a Mexican economic recession in 2025 due to Trump's tariffs, impacting bank profits and raising borrowing costs, with smaller banks facing greater risks.

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 65% Global Worthiness
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Creand Prioritizes Quality Investments Amidst Market Uncertainty

Creand Asset Management in Spain favors high-quality, low-debt companies like Amadeus and Inditex in the uncertain market, maintaining a below-neutral equity exposure due to profit expectation revisions in the US and Europe.

Progress

40% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 85% Global Worthiness
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Ibex 35 Defies 'Sell in May' Trend with Record-Breaking Growth

Despite the "Sell in May" adage, the Ibex 35 is experiencing record growth in May 2025, exceeding 6.9%, driven by economic growth, strong market returns, and sector-specific gains, particularly in banking and travel, contrasting with weaker performances in the US and some other European markets.

Progress

48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Commerzbank's Strong Q1 Earnings Bolster Defense Against Unicredit Takeover

Commerzbank announced record Q1 2024 earnings of €834 million, exceeding expectations despite job cuts and countering Unicredit's takeover attempt; the bank projects a full-year profit of approximately €2.4 billion.

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Spanish IBEX 35 Outperforms S&P 500 in 2025

In the first four months of 2025, the Spanish IBEX 35 index outperformed the US S&P 500, achieving a 13.9% increase while the S&P 500 fell by 8.8%, primarily due to the Spanish banking sector's strong performance and the limited exposure of the IBEX 35 to the US market.

Progress

56% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
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European Bank Stocks Surge on Rising Interest Rates

French and European bank stocks have rallied 20-50% since January 1st, 2024, driven by rising interest rates improving profitability after years of near-zero rates, strong balance sheets, and potential sector consolidation.

Progress

44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Deutsche Bank to Cut 2,000 Jobs Amidst German Economic Slowdown

Deutsche Bank, Germany's largest bank, announced plans to cut 2,000 jobs and close numerous branches in 2024 due to decreased profits, part of a broader trend of cost-cutting measures impacting major German companies amidst an economic slowdown.

Progress

20% Bias Score

Decent Work and Economic Growth

Showing 13 to 24 of 44 results