Search
-
Newsletter 13 - 30/01/2015
of private shareholders. That said, he announced a meeting on Friday with Eurobank’s biggest shareholders...) and Piraeus (66.9 percent) and a minority share in Eurobank (35.4 percent). The market value... by the SYRIZA-led coalition government following the 25 January elections constitutes a strong political
11% -
Current account deficit widens to 404 mln in March
EconomyMacroeconomyby 8.1 percent with receipts up 13.3 percent, entirely reflecting a strong growth (+34.3 percent) in non... in the participation of Capital Group in Eurobank’s share capital (by 118 million) partly offset by an inflow of 61 million from an increase in the participation of Fairfax in Eurobank’’s share capital. For the 3-month
11% -
How Greek banks were left on the brink
Agorawere oversubscribed more than 1.5 times amid strong interest - primarily from international... each, Eurobank at 8 billion and Alpha at 6.2 billion. Those estimates were based on current collateral... ratio displayed a similar trend and landed at 10.6 percent in Q1. Eurobank and NBG show the highest
11% -
Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
Economycontrols on June 29, whilst the domestic market had recorded strong gains of 16 percent in the last... were Piraeus (-30 percent), National (-30 percent), Ellaktor (-30 percent), Eurobank (-29.9 percent... by Aegean Airlines (-0.5 percent), Grivalia – ex-Eurobank Properties (-5 percent), Coca Cola (-5.4 percent
11% -
Stock market slips 1.4 pct dragged by huge bank losses
EconomyThe Greek stock market edged lower 1.4 percent this week amid strong under-performance of bank..., followed by Piraeus (-33.3 percent), Eurobank (-17.6 percent), Alpha (-17.5 percent) and Hellenic... in the previous week. Corporate news Alpha, Eurobank and Piraeus stocks temporary ceased trading as of Friday
11% -
Greek stocks up for second straight week, rising by 5.5 pct
Economyby 13.8 percent this week. Despite the strong gains over the past two weeks, their year to date... by: Piraeus (+19.1 percent), Eurobank (+16.4 percent) and Hellenic Exchanges (+15.5 percent). In contrast... adjusted net profit rose by 25 percent to 64 million. Next week, Eurobank and Alpha release Q4
11% -
Greek stocks rise 2.7 pct during week as bailout agreement nears
Economyalso posted strong gains of 5.3 and 5.1 percent respectively. On the flipside, the stocks that recorded.... Corporate news Eurobank reported on Tuesday net profit of 60 million in the first quarter (Q1... million, while EBITDA grew modestly by 1.4 percent to 12.5 million. Alpha and Eurobank announced
11% -
Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingand Kapodistrian University of Athens and a MBA from Aston University, UK. Megalou has served as CEO at Eurobank from June 2013, after the first round of recapitalisation of Greek banks, when Eurobank’s capital...’ restructuring plan.” “This is another major milestone for Piraeus Bank to build a strong Board
11% -
Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomyto increasingly innovative methods of doing so. Eurobank announced its merger with Grivalia Properties... purpose vehicle (SPV) to slash the bank’s bad loan pile. The merger also meant that Eurobank is now... a strong appetite for the portfolio sales so far.
11% -
Banks look for way forward as economic shutdown takes its toll
EconomyBanking, 6.6 billion in unencumbered assets and 1.4 billion of outstanding interbank exposures. Eurobank... in the scheme has temporarily halted after a strong launch. On the same day that Greece’s first coronavirus... for inclusion in the scheme by Eurobank. The application relates to two of the bank’s three
11%