Hellenic Banking

Latest News for: Hellenic banking

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Banks eye state-backed credit

Kathimerini 28 May 2020

There is strong competition among banks for participation in the Guarantee Fund for the provision of state-subsidized liquidity to Greek enterprises, with 14 lenders expressing an interest in response to the invitation published by the Hellenic Development Bank ... The Hellenic ......

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HABA Presents Online Panel Discussion on Real Estate and COVID-19

The National Herald 25 May 2020

... in 1982 to promote the professional and educational interest of Greek-Americans, Cypriots, and Pan-Hellenes in the banking and finance industries....

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State fund guarantees loans

Kathimerini 13 May 2020

The Fund will operate under the umbrella of the Hellenic Development Bank and, according to the announcement of the latter’s president and chief executive officer Athina Hatzipetrou, “the working capital will be financed on favorable terms and with reduced collateral.”....

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Gov't prioritizing support measures

Kathimerini 10 May 2020

Ministry sources stress that caution is necessary as no one knows what needs may arise in the fall from a possible second wave of the pandemic ... Loans from the European Investment Bank and the Hellenic Development Bank, coming to a total of 10 billion euros, will also be utilized ... ....

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Plaque Commemorating Tragic Deaths of 2010 Marfin Bank Arson Attack Unveiled in Athens

The National Herald 09 May 2020

ATHENS - A plaque commemorating the tragic deaths of three Marfin Bank employees and an unborn child that were killed in a fire set by rioters on May 5, 2010, was unveiled at the site of their death at noon on Saturday, in the presence of President of the Hellenic Republic ......

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Plaque Unveiled for Marfin Victims the "Least Owed" by Greek State, Say President and PM

The National Herald 09 May 2020

ATHENS - In statements after the unveiling of a plaque for the victims of the 2010 Marfin Bank arson attack on Saturday, during a discussion with the relatives of those that died, President of the Hellenic Republic Katerina Sakellaropoulou noted that it was the least homage that ......

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Exposure of Credit Institutions to Hellenic Development Bank Guaranteed by Greek state

The National Herald 08 May 2020

"Consequently, there is no risk difference between exposure to the Hellenic Development Banks and exposure to the Greek State," it said....

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07/05/2020 - Notification of a concentration concerning the acquisition of Hellenic Alico Life Insurance Company Ltd share capital by Hellenic Bank Public Company Ltd.

Public Technologies 07 May 2020

... of Hellenic Alico Life Insurance Company Ltd share capital by Hellenic Bank Public Company Ltd. Hellenic Bank Public Company Ltd is duly registered under the laws of the Republic of Cyprus ... Hellenic Bank Public Company Ltd and its subsidiaries is part of the Hellenic Bank Goup....

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Greek Economy to Be Hit Severely by the Pandemic, EU Commission Report Says

The National Herald 06 May 2020

Payment of certain tax obligations have been deferred to autumn, and the authorities created a credit guarantees scheme implemented through the Hellenic Development Bank, which may unlock loans up around 5 pct of GDP ... and possible costs of the restructuring of the Hellenic Post....

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'Optimistic' finance ministry forecasts

Kathimerini 05 May 2020

The Finance Ministry’s estimates about the impact of the coronavirus on the Greek economy this year are at the optimistic end of the range of projections expressed to date and near those of the Bank of Greece, according to the Stability Program Athens submitted to the European Commission last Thursday....

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'Optimistic' Finance Ministry scenario sees recession at 4.7 pct

Kathimerini 05 May 2020

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HABA and HABA-UK Present What Happens in the Aftermath of the Pandemic Crisis?

The National Herald 04 May 2020

NEW YORK – The Hellenic American Association for ... HABA is a not-for-profit organization established in 1982 to promote the professional and educational interests of Hellenic Americans, Hellenes, and Philhellenes in the banking and financial services industries....

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COVID-19 Costing Cyprus 660 Million Euros Monthly Losses

The National Herald 12 Apr 2020

That was the assessment from Hellenic Bank’s chief economist Andreas Assiotis, said The Cyprus News Agency, as he called on the government to implement targeted interventions that will support production so that the economy can restart when the shutdown ends....