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 […]
Tag: Piraeus Bank
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 […]
Informative event of Piraeus Bank for the Recovery Fund
Piraeus Bank’s loan disbursements for 2021 will be closed above the target of 5.7 billion euros, of which 2 billion euros have already been directed to small and medium enterprises, while for the financial instruments created by the Hellenic Development Bank and the TEPIX Piraeus allocated 625 million euros. These figures were announced from Thessaloniki […]
Chief economist of Piraeus: Additional income of € 80 billion potential for households-businesses by 2030
An additional income of 80 billion euros for Greek households and businesses could be created cumulatively by 2030, under specific conditions related to the attraction and financing of investments and the inflow of EU funds in Greece, but also to the growth rates of Greek economy, as assessed by the chief economist of Piraeus Bank, […]
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 […]
Piraeus Bank: Concluding a sustainability-linked loan with a subsidiary of the Seanergy Maritime Holdings group
The first maritime financing with integrated ESG criteria by Hellenic Bank, is announced by Piraeus Bank, consistent in its commitment to harmonize its business strategy with the Sustainable Development goals. Piraeus Bank, which holds a leading position in financing Greek-owned merchant shipping, has entered into a sustainability-linked loan with a subsidiary of the Seanergy Maritime […]
Piraeus Bank: Agricultural products index jumped 8.95% in November
Positive returns are recorded by all the individual agricultural products, but also by the index, with the demand exceeding the supply, as Piraeus Bank points out in its monthly bulletin for the prices of agricultural products. In particular, the bank notes that the international stock markets strengthened on a monthly basis, with the S & […]
Vlachopoulos (Piraeus Bank): Strategy for financing investments in the tourism sector
Piraeus Bank’s strategic choice is to finance investments in the tourism sector, which has strong growth prospects and high added value for the economy and local communities, said Mr. Thanos Vlachopoulos, General Manager, Head of Corporate Banking, during a press conference in which the 5th International Hospitality Forum organized by the Hotel Chamber of Greece […]
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 […]
‘Taurus’ or HSCB: ‘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 […]
