Hellenic Banking

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Saturday, 25 January 2020

Latest News for: Hellenic banking

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Cypriot banks to sell 4 bln euros of non-performing loans

Xinhua 21 Jan 2020

20 (Xinhua) -- The two main Cypriot lenders, Bank of Cyprus and Hellenic Bank, are set to sell packages of non-performing loans amounting to 4 billion euros (4.44 billion U.S ... Hellenic Bank, the second largest in Cyprus but the biggest in retail banking, with the majority of its ......

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Excessive bank liquidity leads to charges on large deposits in Cyprus

Xinhua 06 Jan 2020

Hellenic Bank CEO Ioannis Matsis said recently that his bank is looking for ways to invest its surplus liquidity so as to avoid negative interest charges by ECB. Hellenic Bank said in a circular just mailed to its customers that it will charge 0.60 percent on large deposits over ......

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These Countries Had Bigger Stock-Market Gains Than the U.S. Here’s Why – and Whether You Should Buy

Barrons 03 Jan 2020

Lots of countries had amazing stock-market performances last year, and some still appear cheap ... Last year was a gangbuster one for U.S. bonds and stocks ... Financial companies like National Bank of Greece and Piraeus Bank account for about 30% of the market, but the top stock in the main local index is the Hellenic Telecommunication Organization ... From ... ....

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A year of destruction, creation: Top 10 Longview-area stories of 2019

Longview News-Journal 29 Dec 2019

A former Jack in the Box restaurant across the street from the Waffle Shoppe was redeveloped into a Regions Bank branch, and Zippy J’s opened its second convenience store at the corner of East Marshall Avenue and Eastman Road ... A ceremony took place inside the former Guarantee Bank/Regions Bank building in which the district has offices....

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New Greek IDs Available at the End of 2021, Minister Says

The National Herald 19 Dec 2019

The single digital portal will be based on the design of the corresponding UK government portal and citizens will have access to it through Taxis or bank passwords. Hellenic Federation of Enterprises (SEV) executive vice-chairman Konstantinos Bitsios said that new technologies ......

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New identity cards available at the end of 2021

Kathimerini 19 Dec 2019

The single digital portal will be based on the design of the corresponding UK government portal and citizens will have access to it through Taxis - the the electronic portal for submitting tax declarations - or bank passwords. Speaking at the same event, Hellenic Federation of ......

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Maritime Achievements Honored at 16th Lloyd’s List Greek Shipping Awards

The National Herald 12 Dec 2019

Dry Cargo Company of the Year, M/Maritime; Tanker Company of the Year, Latsco Shipping; Passenger Line of the Year, Levante Ferries; Shipbroker of the Year, Xclusiv Shipbrokers; Shipping Financier of the Year, Piraeus Bank; Technical Achievement Award, SeaBright; The Safety ......

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Parliamentary committee approves government plan on NPLs

Kathimerini 11 Dec 2019

“It was discussed with everyone – the Bank of Greece, the Hellenic Financial Stability Fund, with bank experts, we briefed the Commission. Any delay will not be in the benefit of the Greek banking system.” ... The EU-approved scheme involves banks ......

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Hellenic Bank posts lower profit, cites negative impact from CCB acquisition

Xinhua 02 Dec 2019

2 (Xinhua) -- Hellenic Bank, the second largest lender and the biggest in retail banking in Cyprus, announced reduced profits on Monday for the first nine months of this year, mainly on account of a negative impact from the acquisition of Cyprus Cooperative Bank (CCB)....

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Watsa showcases Greece to visiting investors

Kathimerini 29 Nov 2019

... before participating in a meeting with the governor of the Bank of Greece, Yannis Stournaras, the president of the Hellenic Federation of Enterprises (SEV), Theodore Fessas, and the president of the Greek Tourism Confederation (SETE), Yiannis Retsos....

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Bumper Greek Credit Demand Closes Door on Decade-Long Crisis

Canada Dot Com 29 Nov 2019

Hellenic Telecommunications Organization SA, known locally as OTE, paid the lowest-ever coupon on a euro-denominated junk bond in September ... Fast-forward to today and a global hunt for yield is helping borrowers like Hellenic Petroleum and Piraeus Bank SA get deals done....

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Greek central banker calls on investors to explore opportunities in Greece

Xinhua 27 Nov 2019

Wednesday's event was organized by the Hellenic Shipping Banking and Financial Executives Association and Stournaras commented also on the state of Greek shipping, which remains a leading actor worldwide for decades and a vital pillar of Greek economy....

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Hellenic Bank - Ratings Affirmed with a Stable Outlook

Public Technologies 21 Nov 2019

Hellenic Bank Public Company Ltd ... Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the LT FCR and ST FCR of Hellenic Bank (HB) at ......