Showing 1 to 10 of 10 results
Greek Bank Fee Income Rises Despite Government Regulations
Greek banks' fee income is rising, reaching 18.3% of total revenue on average in Q1 2025 (vs. 28.6% in the Eurozone), despite government measures reducing card and transaction fees starting in early 2025 and expanding nationwide on August 11th. Piraeus Bank leads with €326 million in H1 2025 fees (2...
Greek Bank Fee Income Rises Despite Government Regulations
Greek banks' fee income is rising, reaching 18.3% of total revenue on average in Q1 2025 (vs. 28.6% in the Eurozone), despite government measures reducing card and transaction fees starting in early 2025 and expanding nationwide on August 11th. Piraeus Bank leads with €326 million in H1 2025 fees (2...
Progress
28% Bias Score
Greek Banks Go Digital: Online Platforms for Real Estate Sales and Mortgages
Greek banks are transforming into digital real estate brokers, selling repossessed properties and offering mortgages online; Piraeus Bank leads with 10,000 properties (€3.6 billion), while National and Eurobank utilize partnerships to expedite sales and loans.
Greek Banks Go Digital: Online Platforms for Real Estate Sales and Mortgages
Greek banks are transforming into digital real estate brokers, selling repossessed properties and offering mortgages online; Piraeus Bank leads with 10,000 properties (€3.6 billion), while National and Eurobank utilize partnerships to expedite sales and loans.
Progress
24% Bias Score
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.
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
Greek Banks Respond to Fee Reduction Mandate with New Transaction Packages
Greek banks introduced new transaction packages with added services to offset reduced fees on money transfers and bill payments mandated by the government, effective immediately; measures include zero charges for payments to public entities and a maximum €0.50 for transfers under €5,000.
Greek Banks Respond to Fee Reduction Mandate with New Transaction Packages
Greek banks introduced new transaction packages with added services to offset reduced fees on money transfers and bill payments mandated by the government, effective immediately; measures include zero charges for payments to public entities and a maximum €0.50 for transfers under €5,000.
Progress
36% Bias Score
Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages
The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.
Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages
The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.
Progress
32% Bias Score
Greece Strengthens Bank Supervision to Combat Financial Risks
Greece introduces stricter bank supervision rules on October 1st, focusing on money laundering prevention, improved risk management, conflict of interest prevention for board members, and enhanced whistleblowing procedures to align with European standards.
Greece Strengthens Bank Supervision to Combat Financial Risks
Greece introduces stricter bank supervision rules on October 1st, focusing on money laundering prevention, improved risk management, conflict of interest prevention for board members, and enhanced whistleblowing procedures to align with European standards.
Progress
32% Bias Score
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.
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
Greek Banks Accelerate Deferred Tax Liability Reduction
Greek banks plan to significantly reduce their deferred tax liabilities (DTC) starting in 2025, aiming for a 29% reduction annually tied to dividend distribution, a strategy facilitated by a 2024 agreement with the SSM allowing for higher dividend payouts.
Greek Banks Accelerate Deferred Tax Liability Reduction
Greek banks plan to significantly reduce their deferred tax liabilities (DTC) starting in 2025, aiming for a 29% reduction annually tied to dividend distribution, a strategy facilitated by a 2024 agreement with the SSM allowing for higher dividend payouts.
Progress
44% Bias Score
Greece Intervenes to Curb Excessive Bank Charges
The Greek government implemented measures to reduce excessive bank charges, addressing public complaints about unfair fees and lending practices, marking a shift in the relationship between the government and the banking sector.
Greece Intervenes to Curb Excessive Bank Charges
The Greek government implemented measures to reduce excessive bank charges, addressing public complaints about unfair fees and lending practices, marking a shift in the relationship between the government and the banking sector.
Progress
44% Bias Score
Fitch Focuses on Three Key Areas for Greek Banks' 2025 Investment Grade Rating
Fitch rating agency will assess three factors for Greek banks in 2025 to determine their investment grade rating: new lending and revenue diversification, LIC reduction pace, and internal capital generation; strong economic growth supports profitability, but lower interest rates will moderate earnin...
Fitch Focuses on Three Key Areas for Greek Banks' 2025 Investment Grade Rating
Fitch rating agency will assess three factors for Greek banks in 2025 to determine their investment grade rating: new lending and revenue diversification, LIC reduction pace, and internal capital generation; strong economic growth supports profitability, but lower interest rates will moderate earnin...
Progress
12% Bias Score
Showing 1 to 10 of 10 results