By Leonidas Stergiou The highest deposits from foreigners come from overseas financial centers, according to data from the Bank of Greece. In the first quarter, of customer deposits of 13.9 billion euros, 2.3 billion concerned offshore accounts, which mainly concern foreign shipping companies. The European Investment Bank (1.6 billion euros) is in the next place […]
Tag: loans
Big increase in loans to businesses in May
By Leonidas Stergiou At the level of 5 billion euros, the new disbursements of loans to businesses are estimated in the first five months of the month, with small and medium-sized enterprises participating with about 30%. According to data from the Bank of Greece, in the period January-April, new loans amounting to 3.6 billion euros […]
Piraeus Bank: Target for SME financing with new loans amounting to 1.3 billion euros in 2022
The positive general prospects of the tourism industry and the economy in general, but also the challenges created for businesses by the international macroeconomic environment, were discussed with Cretan businessmen, the senior general manager of Corporate and Investment Banking of Piraeus Bank, Theodoros Tzou and . During the two-day visit that Mr. Tzouros paid to […]
Why alarm for new red loans
By Leonidas Stergiou The Deputy Governor of the Bank of Greece, Mrs. Christina Papakonstantinou, raised the issue of the risk of creating new red loans less than a week after the publication of the Financial Stability Report. As she said in a speech last week, there are signs of an increase in red loans and […]
The unclaimed liquidity of 400 million euros of the Hellenic Development Bank
By Leonidas Stergiou As the debate over the financing of the economy and the access of small businesses to bank lending erupts, guaranteed loans of up to 80% amounting to 400 million euros from the Hellenic Development Bank (HDB) risk being left unavailable. For this reason, the Hellenic Development Bank is making efforts to extend […]
Unavailable liquidity of 400 million euros of the Hellenic Development Bank
By Leonidas Stergiou As the debate over the financing of the economy and the access of small businesses to bank lending erupts, guaranteed loans of up to 80% amounting to 400 million euros from the Hellenic Development Bank (HDB) risk being left unavailable. For this reason, the Hellenic Development Bank is making efforts to extend […]
What do business loans show in the first quarter?
By Leonidas Stergiou The preparation for investment projects launched mainly in the infrastructure sectors, the effects of inflation mainly in the energy sector and the uncertainty in smaller companies, due to price increases and war, are reflected in the new data of the Bank of Greece for the first quarter, where greater breakdown by industry, […]
Business loans are heating up
By Leonidas Stergiou New loans of 1.4 billion euros to companies were disbursed in the first two months of the year, according to data from the Bank of Greece, while the data of the four systems show that the total amount in the first quarter exceeded 2.5 billion, with net credit expansion to be positive […]
New strong vote of confidence from Moody’s in Greek banks
Of Eleftheria Kourtali The prospects of the European banking system are shaped by the Russia-Ukraine crisis, as Moody’s notes in a new report where it examines and re-evaluates the banking sectors of the countries in the region, distinguishing that of Greece. As the house points out, the outlook for most European banking systems is stable, […]
High demand for consumer loans – The reasons
By Leonidas Stergiou To be precise, the “Save” and replacement programs for electrical appliances, combined with the home equipment markets since the mortgage boom in the fourth quarter of 2021, boost demand and consumer loan disbursements, despite the brake on the car market. However, the latter may be tired of gasoline – new and used, […]