Positive sentiment around banks continues to grow

EconomyBanking Tags: Alpha, Banking, Eurobank, NBG, Piraeus

This year’s positive story around Greek banks is gaining momentum as systemic lenders appear to be leaving behind them the troubled era of the debt crisis and the sector is recording solid profitability hinged on the ECB’s tightening of monetary policy.

Despite a correction of close to 14 pct in the last month, the bank index on the stock exchange is up close to 43 pct year-to-date and 68 pct over the last 12 months. 

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