Hellenic Banking

Sunday, 26 September 2021

Latest News for: Hellenic banking

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Central bank head: Greece will maintain high growth rates for 10 years

Greek City Times 22 Sep 2021

Bank of Greece governor Yannis Stournaras appeared even more optimistic about the future of the Greek economy than the government in an interview with Politico on Tuesday ... Bank of Greece, BoG, ... Hellenic Development Bank and Federation of Industries of Greece sign joint memorandum.

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Hellenic Development Bank and Federation of Industries of Greece sign joint memorandum

Greek City Times 15 Sep 2021

The value of loans provided in northern Greece via the Hellenic Development Bank’s (HDB) programs exceeds 1.6 billion euros, it ... Businesses in northern Greece cooperate closely with the Hellenic Development Bank, said its President Athina Hatzipetrou.

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Unemployment in Greece fell to 14.2% in July

Greek City Times 15 Sep 2021

The unemployment rate in Greece stood at 14.2% in July this year, compared to 16.8% in July 2020 and 15% in June 2021 ... READ MORE. Hellenic Development Bank and Federation of Industries of Greece sign joint memorandum. Advertisment. .

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Eurobank profitable in first half, says asset quality trends resilient

Reuters 31 Aug 2021

The bank, which is 2.4% owned by the country's HFSF bank rescue fund, ... Eurobank has agreed to merge its unit in Serbia with Direktna Bank and acquire a 12.6% stake in Hellenic Bank (HBNK.CY) in Cyprus, both deals part of its strategy to expand its international activities.

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Fitch reaffirms Cypriot banks’ negative outlook

Ekathimerini 29 Aug 2021

Cypriot banks have successfully reduced the non-performing loan ratio from historically high levels over the last five years (63% at the Bank of Cyprus in 2014 and 60% in Hellenic Bank in September 2015), taking advantage of strong economic development dynamics.

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Slight drop ends Athens market rally

Ekathimerini 27 Aug 2021

The best performing blue chips were Athens water and sewage company EYDAP (1.37%), refiner Hellenic Petroleum (1.03%) and Alpha Bank (0.87%).

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Operating profits up for Hygeia clinic

Ekathimerini 18 Aug 2021

Private clinic Hygeia saw its operating profits rise despite a slight decline in revenue ... Hygeia also covered a subordinated €105 million loan issued by its Luxembourg-based parent company Hellenic Healthcare with a €100 million loan issued by the four big Greek banks, led by Eurobank ... .

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Paphos Tourism Sector's Lament: The British Aren't Coming

The National Herald 06 Aug 2021

“The situation remains fluid and unpredictable ... “At the moment we are running a huge digital campaign abroad, in collaboration with Pasyxe, Hermes airports, and the Hellenic Bank, amounting to more than 280,000 euros ($330,610.) At the same time we are trying to attract domestic tourism as much as possible,” he said ... .

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EIB helping Greece look to the future

Ekathimerini 04 Aug 2021

We also recently announced that the EIB is providing €400 million to help to scale up the impact of the Hellenic Development Bank’s efforts to ensure that businesses across Greece can access financing, innovate and create jobs, and withstand challenges enhanced by Covid-19.

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Lockdown boosted incomes

Ekathimerini 27 Jul 2021

This year’s lockdowns led to an increase in households’ disposable incomes and bank savings in the January-March period, according to provisional figures released by the Hellenic Statistical Authority (ELSTAT) on Monday ... The savings rate of households (i.e ... This means the market has missed out on €2.2 billion ... .

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Opposition leader slams reforms as ‘gifts’ to private interests

Ekathimerini 26 Jul 2021

... “a very important gift to the banks’” and the recent labor law as “a very important gift to large employers, especially the Hellenic Federation of Enterprises (SEV).”.

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Eurobank announces the acquisition of a 9.9% holding in the Hellenic Bank (Eurobank Ergasias Services and Holdings SA)

Public Technologies 23 Jul 2021

('Eurobank'), subsidiary of 'Eurobank Ergasias Services and Holdings S.A.' (Eurobank Holdings), announces the acquisition of a 9.9% holding (40,800,000 shares) in Hellenic Bank Public Company Limited ('Hellenic Bank') ... Hellenic Bank is the second largest financial institution in Cyprus, active in personal, business and international banking.

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RESS RELEASE - Eurobank announces the acquisition of a 9.9% holding in the Hellenic Bank (Eurobank Ergasias Services and Holdings SA)

Public Technologies 23 Jul 2021

Eurobank announces the acquisition of a 9.9% holding in the Hellenic Bank ... ("Eurobank"), subsidiary of "Eurobank Ergasias Services and Holdings S.A." (Eurobank Holdings), announces the acquisition of a 9.9% holding (40,800,000 shares) in Hellenic Bank Public Company Limited ("Hellenic Bank").

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ATHEX: Fourth day of minor gains and turnover

Ekathimerini 23 Jul 2021

The large-cap FTSE 25 index expanded 0.75% to end up at 2,069.09 points, and the banks index strengthened 1.73%. Eurobank’s acquisition at Hellenic Bank in Cyprus fetched 2.78% for its stock ... Lamda Development gave up 1% ... .

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ESG index starts on August 2

Ekathimerini 21 Jul 2021

Coca-Cola, OTE, Alpha Bank, Eurobank, OPAP, Mytilineos, National Bank, PPC, Jumbo, Piraeus Bank, Titan, Motor Oil, GEK Terna, Terna Energy, Lamda Development, Hellenic Petroleum, EYDAP, Ellaktor, ADMIE, Sarantis, Viohalco, Fourlis, ...