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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingfamily’s shareholding in Eurobank via the mega-deal between NBG and Eurobank that later collapsed
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Greek stocks climb 3 pct on week, banks post double-digit gains
Economyto the previous week, the top gainers this week involved the four core banks with Eurobank up 22.7 percent... on quarter (QoQ) to 297.4 million. Impairment charges jumped 37.1 percent QoQ to 349.7 million. Eurobank
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Greek stocks edge down 1.3 pct during week, banks perform poorly again
Economy(+4.7 percent). In contrast, two of the four core banks were the top underperformers, with Eurobank... activity peaked on Friday’s closing due to the Stoxx rebalancing. Alpha, Eurobank and OTE shares
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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
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Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
Economy), Eurobank (-10.7 percent) and Piraeus (-9.1 percent). The trading activity improved, but remained subdued... and Eurobank on March 29, Alpha and NBG on March 30.
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Stocks climb 4.8 pct on increased optimism about deal with institutions
Economythis week was recorded by Ellaktor (+15 percent), Eurobank (+15 percent), Piraeus (+13.3 percent... by 0.2 percent, while EBITDA fell by 18.4 percent to 307.5 million. Eurobank recorded net profits
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NBG steps back into markets with 750 mln covered bond issue
EconomyBankingbanks are in the pipeline over the coming period, including Eurobank and Alpha Bank. Additionally... of non-performing loans (NPLs) which banks have struggled to reduce. Last week, Eurobank became
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The race to reduce Greece's bad loans
EconomyBanking. A total of 1.8 billion in bad loan portfolio sales are scheduled for 2018. Eurobank’s Q1 results put NPE... portfolio Eurobank has put up for sale takes the form of loans up to 10,000 euros in credit card debt
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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
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingeuros. Eurobank had NPE stocks of 14.9 billion and NPL stocks of 11.1 billion. NBG currently has... from Eurobank with the securitization of the Cairo portfolio (6.8 billion euros) along with NPE
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