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 […]
Tag: National Bank
HSBC ‘Taurus’: ‘Buy’ and higher target prices for all Greek banks
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 […]
NBG: From November 22 the share with the new nominal value of 1 euro on the board
Monday, November 22, 2021 is set as the date of change of the nominal value of the share of the National Bank to € 1.00 from € 3.00, after the reduction of the share capital by 1.8 billion euros in order to offset equal accumulated accounting losses previous years. The announcement of the National Bank […]
New vote of confidence from Moody’s for Greek banks and a signal for upgrade
Her Eleftherias Kourtali Improving the loan performance and solvency of the four Greek systemic banks – National Bank, Piraeus Bank, Eurobank and Alpha Bank – have led to positive rating actions, Moody’s points out in a new report. The prospects for stronger economic growth will boost their profitability in the coming months, further supporting their […]
The whole plan of the banks for the Recovery Fund
By Leonidas Stergiou The banks are waiting for the final details of the Recovery Fund procedures, along with the first disbursements expected in early 2022. The strategic planning departments have already calculated the demand for new loans due to the Recovery Fund, but also those that will arise from the overall growth of the Greek […]
How SMEs will benefit from the Recovery and Sustainability Fund
Guided by the support of Small and Medium Enterprises, the Business Banking Customer Sector of the National Bank, organized an online event on October 20 with the theme: “Supporting the growth perspective of Small and Medium Enterprises”. During the event, the service framework ETHNIKI 2.0 was presented, as well as the opportunities that emerge from […]
National Bank: P. Mylonas and G. met with businessmen from Crete. Hardouvelis
Visits to production units and meetings with dozens of businessmen took place in Heraklion, Crete, Rethymno and Chania, the CEO of the National Bank Pavlos Mylonas and the Chairman of the Board. of the National Gika Hardouvelis. Mr. Mylonas and Mr. Hardouvelis, head of the group of bank executives, informed in detail the businessmen of […]
V. Karamouzis for PPC: The largest share issue on the Stock Exchange in recent years
The National Bank acted as the sole Issuing Consultant and Principal Contractor for the Public Offering in Greece of shares of PPC SA. in the context of its Share Capital Increase of € 1.35 billion, contributing catalytically to its highly successful and timely completion. “We would like to congratulate PPC for the completion of the […]
