One of the largest environmental asbestos management projects carried out in Greece was completed by the National Bank in cooperation with the Region of Western Greece, with the removal of 2,795 tons of asbestos waste from the former industrial unit “AMIANTIT” in Drepano, Achaia. The cleaning works took place in the old industrial area, with […]
Tag: National Bank
The National Bank brings Apple Pay to its cardholders
The National Bank today brings Apple Pay, an even more secure and private payment method. Holders of National Bank Mastercard® & Visa cards can now carry out their transactions, avoiding exchanging cash, using their physical card or entering their PIN. Holders simply hold the iPhone or Apple Watch near the POS terminal to make a […]
National Bank: Greece can play a leading role in the Green Energy Revolution
On the 26ththe International Conference on Climate Change (COP26) reaffirms the need for immediate action to tackle climate change, focusing on the energy sector, which is responsible for almost 3/4 of carbon dioxide emissions. In this context, the Financial Analysis Division of the National Bank in its latest study (i) presents the roadmap for the […]
The X-ray of the four systemic banks from the EBA
By Leonidas Stergiou The quarterly report on the risks of the systemic banks of the Eurozone by the European Banking Authority (EBA) shows that Greek banks are still lagging behind in terms of growth, compared to the rest. This is mainly due to the large stock of red loans, which they reduce rapidly through securitization, […]
Wood: Bullish for Greek banks, buy recommendation for all – The return to normalcy and the margins for an ‘explosive’ rally
Of Eleftheria Kourtali Greek banks are now returning to normal, with the NPE index expected to fall to 5% next year for the industry as a whole. The new higher target prices. The valuations of bank shares are attractive, with a significant discount compared to the banks of the region and with rally margins of […]
Eurobank Equities: The shares of Greek banks have significant rally margins
Her Eleftherias Kourtali Eurobank Equities remains positive about the prospects of Greek banks both in terms of their fundamental size and the course of their shares on the ATHEX board, after the nine-month results and thus maintains its estimates, if and stresses that the current low valuations leave a lot of room for growth. It […]
National Bank named ‘Bank of the Year in Greece’
The National Bank received an important international distinction from The Banker magazine, which declared it “Bank of the Year in Greece”. The Banker is a company affiliated with the Financial Times group and operates as an international communication platform, visited and used mainly by banking and financial professionals, and fund management companies around the world. […]
The numbers for bank volunteers – Why they are made
By Leonidas Stergiou With the voluntary departures of Piraeus Bank and the National Bank, which are completed at the end of the month and in mid-December, respectively, another round of reduction of the banks’ staff is completed, aiming at cost rationalization, more efficient utilization of the network, digital transition and banking transformation. In the digital […]
National Bank: Reinforcement of earthquake victims in Arkalochori, Crete
The National Bank allocated 200 table kitchens to support the victims of Arkalochori, the Municipality of Minoa Plain of Crete, who suffered significant damage from the catastrophic earthquake of September. During a recent trip made by the Management of Ethniki to Crete, the General Manager of the Bank, Christina Theofilidi, visited Arkalochori and witnessed up […]
HSCB ‘Taurus’: ‘Buy’ and higher target prices for all Greek banks – Very strong prospects have not yet been assessed
Of Eleftheria Kourtali HSBC examines in today’s report whether the increase in loans with “weapons” the resources of the Recovery Fund could help offset the headwinds in net interest income (NII) and allow Greek banks to achieve their goals. Its analysis concludes that Greek banks will achieve sustainable ROTE equity ratios of 8%, ie 1-2 […]