JP Morgan detected the change in the priorities of the managements of the Greek banks, during its recent trip to Athens, seeing that now, with interest income having peaked, bankers are focusing more on credit expansion and capital return options. A change that, as JP Morgan notes, is in the right direction, as Greek banks … Read more
The new threat to market accuracy The escalation of the war conflict in the Middle East sent an alarm to the Greek market as well. · Since the announcement of Iran’s attack on Israel with drones and missiles. · Everyone is waiting to see how the situation will now develop and whether we will be … Read more
28.03.2024, 08:37 Where Moody’s disagrees with the banks, D. Koutsolioutsos What Mitsotakis – Mytilineos discussed at the Watsa lunch #28.03.2024 #Moodys #disagrees #banks #Koutsolioutsos #Mitsotakis #Mytilineos #discussed #Watsa #lunch
The Piraeus, Alpha, Eurobank “homicide”, the THALF “bet” and the “mysteries” with Folli Follie #Piraeus #Alpha #Eurobank #homicide #THALF #bet #mysteries #Folli #Follie
Banks are planning to “cut” the commission they charge for “small” transactions made electronically using POS after the new market conditions, with the mandatory installation of the devices in 35 more retail branches including kiosks, convenience stores and street markets. The pressures that have been exerted for a long time by certain industries, first of … Read more
The Minister of National Economy and Finance, Kostis Hatzidakis, asked the banks to maintain the low mortgage interest rates this year, speaking this morning on SKAI TV. “We not only hope, but cannot imagine that the banks will not extend the lower mortgage rates they adopted last year for a year. Because interest rates at … Read more
The ever-expanding international investment interest in Greek assets and values mobilizes the domestic business forces and forms an environment of rearrangements and restructurings in all branches of economic activity. And of course it does not leave unmoved the international schemes that invested at an unsuspected time in the still wintering Greek economy, when expectations were … Read more
The domestic banking sector has entered a new cycle of restructuring with the aim of maintaining its profitability at the multi-year highs of the last two years. Shareholder changes, new acquisitions, collaborations and mergers make up the puzzle of the milestones of 2024, amid a climate of euphoria in the markets and an enhanced willingness … Read more