Her Eleftherias Kourtali Axia Research identifies two key issues in terms of the results of the four systemic banks, for which it maintains the buy recommendation seeing growth margins of 44% up to 97%. First, as he points out, the Greek banks recorded a strong balance sheet clear against the initial targets, in combination with […]
Tag: Eurobank
Eurobank: New occupational insurance fund
The Bank announces the establishment of the Occupational Insurance Fund of the Eurobank Group, seeking to support, in the long run, its employees with another social responsibility initiative that promotes strong ESG standards. The activation of TEA, constitutes a modern framework of professional insurance, optional participation, for all the staff of the Group that is […]
F. Karavias (Eurobank): These are the effects of the crisis
By Leonidas Stergiou All the forecasts for the profitability of 600 million euros for 2022 and the three-year business plan are based on the assumption that there will be no interest rate increase by the ECB, until the end of the year, or if there will be such by the end of the year that […]
Eurobank: Adjusted net profit in 2021 at 424 million – NPE index at 6.8%
Eurobank’s financial results for the whole of 2021 were better than the initial expectations, in terms of profitability, asset quality and capital adequacy. In particular, the organic profit before provisions amounted to € 900 million and the adjusted net profit amounted to € 424 million in 2021, with the return on tangible equity amounting to […]
Eurobank: Most of the pandemic losses in real GDP recovered in 2021
2021 started with high uncertainty due to the 2nd lockdown and closed with growing concern due to the energy crisis, notes Eurobank in its weekly bulletin “7 Days Economy”, adding that in recent days the degree of uncertainty has increased due to the chain reactions caused by Russian invasion of Ukraine. As he notes, last […]
Axia: Maintains Positive Position for Greek Banks – Impact of Russian Invasion on Ukraine Limited
Her Eleftherias Kourtali Examining the possible effects of higher energy prices due to geopolitical developments in the Greek economy, Axia concluded that the country’s existing security reserves and support from the European Union are likely to protect Greece’s underlying growth potential, while maintaining fiscal discipline. As far as Greek banks are concerned, Axia presents the […]
Eurobank: The average annual unemployment rate in 2021 decreased to 14.8% of the workforce
The relationship with unemployment as a percentage of the workforce is examined by Eurobank in its weekly bulletin “7 Days Economy”. As it notes, according to the latest publication of the monthly labor force survey of ELSTAT, the average unemployment rate in 2021 (12-month average) decreased to 14.8% of the labor force from 16.4% in […]
Eurobank: Demographic initiative positive report – New actions underway
With tangible results and the positive response of local communities, the broad Eurobank Demographic Initiative is being implemented through the PROPOSITE Family Program, announced and launched in June 2021, providing, inter alia, for the support of families in remote and remote areas. country and specifically the remote Evros, the islands of the Northeast Aegean and […]
N. Paschalis (Eurobank): The creation of a TEA is an act of social responsibility on the part of the employer
The reasons that led Eurobank to choose to set up and operate a professional fund, were mentioned by Natassa Paschali, head of the General Directorate of Human Resources of the bank, during her placement at the 3rd Occupational Insurance Conference. In particular, referring to the occupational insurance solution, she stated: As a representative of your […]
Start of the new cycle of the egg Start-Up platform
With the start of the new cycle of the egg Start-Up platform, egg – enter • grow • go enters dynamically in the tenth (10th) year of its presence in the Greek start-up scene, further expanding its footprint as the most recognized and complete framework business acceleration in Greece. The egg, designed and implemented by […]
