Her Eleftherias Kourtalis The investment houses send a strong message regarding the prospects of Greek banks after the second quarter results announced by Ethniki and Eurobank with Deutsche Bank, Citi, Axia and JP Morgan underlining the significant improvement in their sizes and they say impressed. EGE National Bank posted a strong set of results in […]
Tag: Eurobank
The heads of the 4 systemic banks estimate that the Greek economy is holding up despite the challenges
The presidents of the four systemic banks reach the common conclusion that the Greek economy maintains its momentum, despite the new serious challenges at the international and European level, in their interventions from the stage of the annual general meetings that took place, pointing out, however, that there should be no complacency and that everything […]
JP Morgan: What to expect from the results of Greek banks – Single-digit NPE ratios for all four systemic
Her Eleftherias Kourtalis JP Morgan expects strong results in the second quarter in all sectors for the Greek systemic banks. At the same time, it predicts cautious but confident messages from the administrations, while the target for a single-digit NPE ratio is expected to have been achieved by all four banks. Eurobank and National Bank […]
Eurobank: Reform of the Strategic Planning Committee
Following the decisions of the Board of Directors of Eurobank and the CEO of the Bank, the Strategic Planning Committee (Committee) is reformed as a new administrative committee, recommended by the CEO of the Bank to assist his work. The purpose of the Committee remains to assist the Bank’s Management in the planning, development and […]
Banks are preparing for dividend distribution
By Leonidas Stergiou Reading the agenda items and related accompanying documents ahead of the general meetings of the four systemic banks (July 21-28), one finds a description of accounting entries aimed at writing off accumulated losses. According to the banks, these accounting movements do not affect the capital ratios and the total capital, however, they […]
F. Karavias: Dividend distribution from 2022 profits
2021 profitability and specific capital and efficiency enhancement moves brought Eurobank’s overall capital adequacy to 16.8%, while the fully-implemented Basel III core capital ratio (FL CET1) increased by 160 basis points, to 13.6%. As mentioned by the CEO of Eurobank, Mr. F. Karavias, international activities, which distinguish Eurobank against the domestic competition, had a substantial […]
40 business groups and 115 young entrepreneurs in the 10th round of egg – enter•grow•go of Eurobank – Corallia
Forty (40) business groups will be hosted and supported in the 10th round of egg – enter•grow•go, the most recognized and comprehensive business acceleration program in Greece, designed and implemented since 2013 by Eurobank, in collaboration with the Corallia Unit of E.K. Athena. The total of 115 young entrepreneurs who emerged after the completion of […]
Eurobank: Retail sales and manufacturing output resilient to inflationary pressures
Despite strong inflationary pressures and the war in Ukraine, with the latter factor fueling the former to some extent and together leading to an erosion of the purchasing power of household disposable income and increased uncertainty in the economy, retail sales in Greece remained resilient in April 2022, notes Eurobank in its “7 Days Economy” […]
Eurobank 1989 – 2008: The first 20 years – Development with an international character
The chronicle “Eurobank 1989 – 2008 – The first 20 years – Development with an international character” which summarizes the history of the first 20 years of the Bank’s journey, from its establishment until 2008 and highlights its distinct contribution in a period that marked the rapid modernization of the Greek banking system, presented yesterday […]
Eurobank: The three ‘thorns’ for the Greek and global economy
Inflationary pressures, deterioration of the economic sentiment index and a decrease in the manufacturing PMI index are the main elements that led to a deterioration of economic conditions in Greece and abroad in the second quarter of 2022, Eurobank points out in its weekly economic bulletin. As stated in the relevant announcement, according to preliminary […]
