Search
-
Eurobank’s NPL sales take major step with two transactions
EconomyBankingEurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria...-named Project Pillar by Eurobank. In an announcement on their website, Eurobank outlined the terms... Cairo. Bravo Strategies also agreed to the sale of a majority stake in Project Europe, Eurobank’s
27% -
Eurobank net profits at 256.7 mln in 2019
EconomyBankingEurobank recorded net profits of 107.6 million euros in the fourth quarter (Q4) of 2019 compared... government’s Hercules scheme for reducing bad loans received its first application from Eurobank.... In a statement of their own, Eurobank outlined that Cairo I and II had been submitted for inclusion
27% -
Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyresuming a negative trend (-18.0 percent in October after a strong 26.2 percent rise in September) also... estimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially..., Greece produced a primary deficit at 42 million euros in October from 229 million in September
27% -
Investment grade boost visible in strong demand for Greek assets
Economybillion euros with a yield of 4.279 pct and strong demand that reached 22 billion euros. At the end... Financial Stability Fund (HFSF), with the transaction attracting very strong interest. Total demand... of 2.4 billion euros, oversubscribed 4x. Eurobank issued a 300-million-euros Tier II bond with offers
27% -
Are investors getting a bargain with Eurobank?
Agoraoffer submitted by a consortium of investors for Eurobank’s capital increase. The approval signals... to a 6-month lock-up period and have also declared their intention to actively participate in Eurobank... Eurobank's second largest shareholder, controlling a stake of 29.6 percent. The next phase involves
27% -
Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
EconomyBankingIn a joint statement released by Alpha and Eurobank on Friday evening, the two banks announced the acquisition of Alpha’s branch network in Bulgaria by Eurobank’s subsidiary in Bulgaria, Postbank... markets. According to the announcement, the transaction is marginally capital accretive for Eurobank
27% -
Mitsotakis heads to Israel and Russia with broad agenda
PoliticsForeign Policyof this process. Since then, relations have improved but there has not been a reset. The Ukrainian issue... sent a strong message to Moscow by saying that the EU needed to adopt “aggressive deterrence... troops to bolster Ukrainian security, but it needed to “explore options” for additional sanctions
26% -
No fear of the bear? Bilateral economic relations between Germany and Russia
Agoramost likely to impact the electoral agendas. We start off with a look at Germany and its strong... cyberattacks and old-style information warfare. Over the course of the Ukrainian sanctions regime against.... Russia’s principal exports to Germany are raw materials, in particular oil products and natural
26% -
Another strong rise for industrial turnover in June as petroleum products drive 43.1 pct increase
EconomyMacroeconomyand petroleum products, basic metals, chemicals, and food. Revenue in the domestic market increased... in manufacturing of coke and petroleum products, basic metals, chemicals, and food. Mining and quarrying turnover
26% -
Eurobank presents 2.12 bln equity raising plan to cover capital needs
EconomyBankingEurobank presented on Tuesday its recapitalisation plan to cover the capital needs that were...) and a stress test under a baseline and an adverse scenario. Eurobank’s capital needs were the lowest among...) and 78 million to Tier 1 securities (at 50 percent). As we have previously noted, Eurobank could
25%