Hellenic Banking

Latest News for: Hellenic banking

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ATHEX: Year-high for bourse benchmark

Ekathimerini 05 Mar 2021

Motor Oil jumped 4.90%, Public Power Corporation earned 2.31%, Hellenic Petroleum advanced 2.14%, National Bank collected 1.97%, Alpha Bank augmented 1.82% and Terna Energy climbed 1.81%, while Sarantis fell 1.67% and ...

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Germany Cites Money Laundering Risk at Piraeus Bank’s Frankfurt Branch

The National Herald 18 Feb 2021

Its main shareholder is bank rescue fund HFSF (Hellenic Financial Stability Fund) with a 61 percent stake as it saw bad loans soar during Greece’s long-running financial crisis worsened by austerity.

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Credit for small companies

Kathimerini 06 Feb 2021

Banks will issue loans up to 50,000 euros each to very small enterprises with an annual turnover of no more than €200,000 in the context of the new Guarantee Fund of the Hellenic Development Bank that is expected to start operating in early March.

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ATMs, banks, town hall, post office targeted by vandals in Attica

Kathimerini 05 Feb 2021

on Friday on cash machines, banks, a Hellenic Post branch, a local town hall and a vehicle, in various areas of Attica.

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Creditors are urging auctions

Kathimerini 27 Jan 2021

The view expressed during talks on Tuesday with the government echoed the opinions voiced by the banks and the companies managing bad loans for the funds that have acquired them ... A necessary condition for state subsidies is that the enterprises that benefit from them must reach an arrangement with the banks regarding their debts.

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Support measures of €12.2 billion carried out last year

Kathimerini 22 Jan 2021

These issues were discussed during the first meeting of the Liquidity Council on Wednesday, with the participation of the Finance Ministry, the Development and Investment Ministry, the Hellenic Development Bank, the Bank of Greece and the Hellenic Bank Association.

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Greek Govt Designs New Focused Measures to Support Enterprises

The National Herald 20 Jan 2021

These issues were discussed during the first meeting of the Liquidity Council on Wednesday, with the participation of the Finance ministry, Development and Investments ministry, Hellenic Development Bank, the Bank of Greece and the Hellenic Bank Association.

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Loans on ice total €30 billion

Kathimerini 19 Jan 2021

Loans whose repayments have been frozen due to the pandemic add up to 30 billion euros, concerning some 400,000 individual and corporate borrowers, according to the Hellenic Bank Association ... All banks, as well as the companies managing loans for them, have created special programs for the gradual restoration of tranche payments.

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Hellenic Development Bank boosts market liquidity

Kathimerini 08 Jan 2021

The Hellenic Development Bank has channeled liquidity worth 8.6 billion euros to small and medium-sized enterprises (SMEs) and large enterprises through the banking system since the beginning of the ...

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Credit expansion to continue

Kathimerini 07 Jan 2021

Given that lenders issued loans of €20 billion in 2020 (according to Hellenic Bank Association data), but ... This mainly concerns working capital banks have issued with the support of the Hellenic Development Bank, which currently covers businesses’ liquidity needs.

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High approval rate for new loan issues

Kathimerini 30 Dec 2020

According to data from the Hellenic Development Bank, the planning of the second phase of the Guarantee Fund in favor of SMEs has been vindicated by the high rate of approval for such businesses, reaching up to 82%.

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ATHEX: Mixed day with window dressing

Kathimerini 30 Dec 2020

The banks index declined 0.51%. Fourlis Holdings grew 2.97%, Lamda Development rose 2.29% and Piraeus Bank grabbed 2.12%. Hellenic Petroleum lost 1.43%. In total 76 stocks registered gains, 28 suffered losses and 31 remained unchanged ... .

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