Hellenic Banking

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Thursday, 27 February 2020

Latest News for: Hellenic banking

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Piraeus Bank 2020 Strategy Update: The Next Phase of Development

The Record 05 Feb 2020

"Piraeus Bank will frontload its inorganic NPE reduction effort to 2020 and proceed with c.€7bn of securitisations. This is facilitated by the Hellenic Asset Protection Scheme “Hercules”, a tool that will provide additional support to Greek banks to speed up our de-risking initiatives." Piraeus Bank’s CEO Mr ... BANKING PROFESSIONAL SERVICES FINANCE....

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In Paris visit, Greek, French ministers agree to boost investments

Kathimerini 30 Jan 2020

The declaration, signed at the forum "Greece, a strategic partner in SE Europe ... - Support the Hellenic Development Bank ... - Develop cooperation in tourism ... On the sidelines of the forum in Paris, Georgiadis with representatives of French banks to discuss the French financing of large projects and small and medium-sized enterprises in Greece. ....

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Greece: a Chronology From January 25, 2015 to 2019

CounterPunch 28 Jan 2020

the Eurogroup president, Jeroen Dijsselbloem of the Dutch labour party, informs Varoufakis that the balance of €11 billion for recapitalizing the banks in the Hellenic Financial Stability Fund (HFSF), which the Tsipras government was counting on to carry out part of its electoral ......

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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....