Her Eleftherias Kourtali Greek banks are cheap, Deutsche Bank notes in today’s report, where it is changing the target prices, stressing, however, that “they do not match the tastes of all investors” and that is why they have been off the market radar. Despite some impact from the rise in Greek government bond spreads, the […]
Tag: National Bank
Sunlight Group: Loan of € 150 million from the National Bank
Sunlight Group, a member of the international investment group Olympia, announced today the signing of a loan of € 150 million with the National Bank, lasting 7 years. The goal is to raise funds for the implementation of Sunlight’s five-year business plan for the period 2021-2026 (€ 125 million) and to cover working capital needs […]
EIB: The explosive situation is leading industrial SMEs to green investments
The ongoing energy crisis in Europe, with rapidly rising gas prices and significant energy security issues following the outbreak of war in Ukraine, makes the need for higher energy autonomy urgent, effectively accelerating Europe’s already planned green transition. In this transitional period, significant challenges arise for businesses, especially for the energy-intensive industry, as they are […]
EIB: SMEs maintain their growth orientation despite increased uncertainty
With the war in Ukraine affecting the already strained international markets of energy and raw materials as well as the supply chains, the SME sector continues to surprise positively by showing remarkable resilience. According to a recent survey by the EIB Δι’s Directorate of Economic Analysis, while the blow to Greek companies is proving to […]
Ten awards from the National for Innovation and Technology
With the award ceremony of 10 new innovative teams and companies, the Competition “Innovation & Technology” organized for the twelfth consecutive year by the National Bank, within the framework of the NBG Business Seeds program, was completed. The “Innovation Festival” took place today at the Mela Palace and is another confirmation that NBG firmly supports […]
EIB: Revised upward forecast for 2022 GDP growth to 4%
For a resilient recovery, despite the intensifying pressures, the National Bank speaks in an analysis of the latest data on GDP, characterizing as “protagonists” the dynamic domestic demand in the first quarter and tourism in the second quarter. In this context, the EIB’s Directorate of Economic Analysis is proceeding with an upward revision of the […]
Eurobank Equities: ‘Raises’ the target prices of Greek banks – The industry is in a phase of recovery, valuations are attractive
Her Eleftherias Kourtali Eurobank Equities is upgrading the target prices of Greek banks, emphasizing that the sector is in a phase of recovery, due to the changes in its estimates for 2022-24, incorporating better leaning trends, mainly in revenues. It upgrades Alpha Bank to “buy” from “hold”, as its risk / return profile has improved […]
Euroxx: The investment story of Greek banks is attractive – Target prices and margins for a new rally
Her Eleftherias Kourtali The story of Greek banks remains strong and attractive, according to Euroxx Securities, after the results of the first quarter and sees margins of growth of their shares up to 86% while maintaining the overweight recommendation, while it estimates that all four systemic banks will achieve the goals have set for the […]
Who will get the most loans from banks in 2022
By Leonidas Stergiou Businesses, mainly large and in sectors where deals are launched and are involved in investment projects due to the Development Fund and privatization program, will raise most of the bank lending this year. In fact, the demand of the first quarter and the data of the five months show that the business […]
National Bank: Favorable ground for salary increases in the private sector
Encouraging trends in the Greek labor market create fertile ground for a wider adjustment of private sector wages in Greece after a long period of restraint, the National Bank estimates in its analysis entitled “Building defenses against inflation.” In particular, the bank’s analysis group believes that the strong labor market, the rapid recovery of tourism […]