Latest News for: Greek banking

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Alpha Bank: €400 million raised in bond sale

Greek City Times 02 Feb 2023
The bond issue sets the preconditions to improving the bank's capital structure in line with the standards of leading European banks and comes two days after Fitch raised the bank's credit rating to B+ ... Alpha, Alpha Bank, bonds, economy, Foundation for Economic and Industrial Research, Greece news, Greek bonds, Greek economy, Greek news, IOBE.
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Cihat Yaycı: "If Turkey leaves NATO, Cyprus and Israel will join"

Greek City Times 31 Jan 2023
"The 'Greek Cypriot Administration' (Note ... "Ankara could interfere in the Greek elections through Western Thrace." ... Blue Homeland, Cihat Yaycı, Cyprus, Greece news, Greek news, Israel, NATO, Turkey, Yayci. Previous Article Fitch upgrades credit rating of three major Greek banks ... Fitch upgrades credit rating of three major Greek banks.
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Snowy Pindos: Journey from Tymfi to Tzoumerka with a satellite flight (VIDEO)

Greek City Times 31 Jan 2023
Greece news, Greek news, Pindos, Pindos mountains, Smolikas, snow, Tymfi, Tymphe, Tzoumerka ... Fitch upgrades credit rating of three major Greek banks ... Greek NEWS WORLD Greek Sports ENTERTAINMENT DIASPORA Greek Lifestyle TRAVEL NEWS ... Copyright Greek city times 2023 All Rights Reserved.
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Greece Wins "Best Tourism Destination" Title at Grand Travel Awards

Greek City Times 31 Jan 2023
During the event, Greece was named Best Tourism Destination for 2023 following last year’s distinction of the Greek National Tourism Organization’s (GNTO) Scandinavian branch as Best Foreign Tourist Office ... Fitch upgrades credit rating of three major Greek banks ... Copyright Greek city times 2023 All Rights Reserved.
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Turkish media targets Mitsotakis and Floros: "Greece is preparing for war"

Greek City Times 31 Jan 2023
We will see the statements of the head of the Greek Armed Forces as the tension does not seem to decrease ... Floros, Greece news, Greek news, Konstantinos Floros, Kyriakos Mitsotakis, Mitsotakis, Turkey ... Fitch upgrades credit rating of three major Greek banks ... Copyright Greek city times 2023 All Rights Reserved.
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Mitsotakis to visit India "with a significant delegation of business people"

Greek City Times 31 Jan 2023
The Greek leader, reported Nikkei Asia, is planning a "state visit" to India with "a significant delegation of business people" before the end of the year ... "Hopefully [Greek sovereign bonds] will be back to investment grade this year," he said ... Fitch upgrades credit rating of three major Greek banks.
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Mitsotakis calls out Turkey's "fence sitting" over Ukraine war, says Greece won't send Leopard 2 tanks

Greek City Times 31 Jan 2023
"The Turkish position within NATO has frustrated lots of lots of NATO members, and this has nothing to do with the peculiarities of the Greek-Turkish bilateral agenda," Mitsotakis told Nikkei Asia ... Fitch upgrades credit rating of three major Greek banks ... Copyright Greek city times 2023 All Rights Reserved.
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Piraeus Bank to reduce bad loan exposure ratio to below 6% in 2023

Reuters 30 Jan 2023
Greek banks have been working to reduce a pile of non-performing credit, the legacy of a decade-long financial crisis that shrank the economy by a quarter ... The bank targets earnings per share above 0.45 euros ($0.48) this year, up from estimated earnings per share of 0.27 euros for 2022.
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Asian shares mixed after last week’s gains on Wall Street

The Associated Press 30 Jan 2023
NEW YORK (AP) — Credit ratings company Fitch has raised Greece’s credit rating to one notch below investment grade ... Greek banks are another big reason for the upgrade, Fitch said, noting their “important progress in reducing non-performing loans.” ... .
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Bright Simons: Is this the beginning of the end of Ghana’s fiscal crisis?

Joy Online 29 Jan 2023
He ignored the Greek example, in which a decade after it was set up, the Greek FSF is still dealing with the lingering effects of the bank bailouts partially attributed to the country’s debt saga ... The government says it has approached the World Bank to cover 30% of the costs of the FSF. The World Bank operates within its strategic plan for Ghana.
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How Russia dodges oil sanctions on an industrial scale

Economist 29 Jan 2023
Russian oil, once easy to track, is now being distributed through more shadowy channels.\nSome trade still uses the same Greek shippers, British insurers and Dutch and Japanese banks that have long ruled the industry ... In the case of Russian oil, which Western banks now shun, it is no longer possible.
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Fitch ups Greece's rating to a notch below investment grade

Greek City Times 28 Jan 2023
Greek banks are another big reason for the upgrade, Fitch said, noting their “important progress in reducing non-performing loans.” ... Fitch, greece, Greece news, Greek news, ratings ... Greek government survives vote over wiretap scandal ... Copyright Greek city times 2023 All Rights Reserved.
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Fitch ups Greece’s rating to a notch below investment grade

Ekathimerini 28 Jan 2023
Credit ratings company Fitch has raised Greece’s credit rating to one notch below investment grade ... Greek banks are another big reason for the upgrade, Fitch said, noting their “important progress in reducing non-performing loans.” ... [AP] .

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