Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania.
BANKING
Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme.
Bank of Greece governor Yannis Stournaras has confessed that he can now “sleep at night, without worrying about fiscal instability” because Greece is on the “right path” in terms of the economy.
National Bank (NBG) is launching a mortgage program for young people in an attempt to respond to their increased housing needs, but also to mobilize the mortgage market, which is sluggish due to low demand.
A new dawn breaks in Cypriot banking with the appointment of Christodoulos Patsalides as the Central Bank of Cyprus’ new governor.
The sustainability of Greece’s public debt is guaranteed at least until 2030, according to the Bank of Greece (BoG).
Greece determines the benefit of the state from its divestment from the systemic banks at 3.5 billion euros.
Career banker Christodoulos Patsalides was appointed governor of the Central Bank of Cyprus on Monday for a five-year term, the island’s presidency said.
The streamlining of Attica Bank and its merger with Pancreta Bank will require a new share capital increase.
Total deposits in Cypriot banks recorded a significant net increase by €65.4 million euros in February.
Greece’s four major banks have until the end of the month to submit their capital plans.
POS transaction service providers are being forced to cut their fees in an attempt to prevent a legislative intervention.
European Central Bank policymaker Yannis Stournaras said on Tuesday that consensus was building within the European Central Bank for a rate cut in June, if inflation develops as projected.
On the question of whether Greece is a country that can change, my answer is affirmative. Yes, Greece is a country where reforms can be made that improve the quality of democracy, strengthen the economy and change the lives of Greeks for the better.
Greece’s four systemic banks will distribute this year approximately 840 million euros in dividends, out of a total of €3.6 billion.
Greek banks estimate that interest rates will remain high, namely between 2.7% and 3% in 2024-2026.
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