Latest News for: Hellenic banking

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Household income nosedives in Q2

Kathimerini 23 Oct 2020
The data of the Hellenic Statistical Authority (ELSTAT) coincide with the figures of the Bank of Greece about the increase in savings, which is related to reduced consumption due to the lockdown and the fear of a further recession ... Bank of Greece data showed a further rise by €165 million or 2% year-on-year in August....
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Frank Kamberos, Businessman and Philanthropist, 98

The National Herald 18 Oct 2020
He was a co-founder of Treasure Island Foods, the chairman of The Greek Star, a director of North Community Bank, and active in many organizations, among them the United Hellenic American Congress (UHAC) and the Hellenic Foundation....
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Banks against out-of-court plan for borrowers

Kathimerini 17 Oct 2020
Greek lenders, speaking through Hellenic Bank Association President Giorgos Hantzinikolaou, voiced their opposition to the option of including individual borrowers in the extrajudicial debt settlement mechanism, arguing that “the individuals should seek relief from their debts only through bankruptcy.”....
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ATHEX: Benchmark climbs to a 3-week high

Kathimerini 09 Oct 2020
Sarantis outperformed, jumping 4.72%, Hellenic Petroleum climbed 2.89%, Titan Cement earned 2.11%, Piraeus Port Authority improved 1.23% and OTE telecom grabbed 1.19%, as Ellaktor fell 1.23%, National Bank declined 0.85%, ......
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Tech support scams on the rise in Greece

Kathimerini 07 Oct 2020
The Hellenic Banking Association (HBA) issued a warning on Wednesday about a new type of technical support scam whereby perpetrators call unsuspecting citizens, usually from ......
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New wave of credit to corporations

Kathimerini 06 Oct 2020
The Hellenic Development Bank has issued loans to more than 19,000 enterprises, totaling 5.3 billion euros, through the Entrepreneurship Fund II and the Guarantee Fund. ....
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Greece, Portugal Commit to Boosting Investments, Collaboration in Trade

The National Herald 30 Sep 2020
Forty-five Greek companies and agencies participated, as did the Hellenic Federation of Enterprises (SEV), among others ... The Portuguese minister also attended in Athens the signing of a memorandum of understanding between the Hellenic Development Bank and his country's National Development Organization (IFD) ... ....
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Loans worth €2.5 billion for companies

Kathimerini 29 Sep 2020
The new funding package for the market through the second phase of the Guarantee Fund will be open to all enterprises, regardless of whether they have received loans from other programs of the Hellenic Development Bank (HDB) to ......
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Additional funding of 3 bln euros being provided for companies

Kathimerini 22 Sep 2020
On Tuesday the Hellenic Development Bank is expected to issue an invitation to banks so that they participate in this second phase as of mid-October ... Hellenic Development Bank chief executive Athina Hatzipetrou said the lender “has ended up lifting this limitation, weighing ......
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21/09/2020 - Notification of concentration regarding the acquisition of sole control of APS Debt Servicing Cyprus Ltd by Hellenic Bank Public Company Ltd

Public Technologies 21 Sep 2020
Hellenic Bank Group consists of Hellenic Bank Public Company Ltd and its subsidiaries, and among others, is active in in the provision of banking services, of personal and corporate insurance contracts and management of properties acquired through debt to asset swaps....
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Q2 costs enterprises €20 billion

Kathimerini 18 Sep 2020
Greek enterprises lost 20 billion euros in turnover during the second quarter of the year, according to the Hellenic Statistical Authority (ELSTAT), while National Bank of Greece estimates that turnover losses over the year as a whole will come to some €50 billion....
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Funds target SME recovery

Kathimerini 16 Sep 2020
That is the decision that Deputy Development Minister Yiannis Tsakiris and the chief executive officer of the Hellenic Development Bank, Athina Hatzipetrou, made on Tuesday following the recommendation by commercial banks that say it is mainly SMEs that are suffering from liquidity problems....
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Vulnerable debtors get a reprieve

Kathimerini 13 Sep 2020
The Hellenic Bank Association said that lenders will examine the demands for the suspension of primary residence auctions until December 31, 2020, for any borrowers belonging to the category of vulnerable households, as determined by the relevant ministerial decision of 2019....

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