German Press: Greek Banks Pass ECT Stress Tests

"The four major Greek financial institutions do not need new capital injections," said German financial newspaper on Sunday, reporting on the stress tests the...

Piraeus Bank Releases Growth Figures for 2017

Piraeus Bank, one of Greece's top four lenders, showed improved figures in all areas for 2017, as the year's financial data released on Wednesday...

Stress Testing for Bad Loans Hits Greek Banks

International pressure to make Greece's biggest banks increase their provisions against bad loans has seen the country's major institutions take up billions of euros...

One Million Greeks Made Mobile Banking Transactions in 2017

More than one million Greeks made mobile phone banking transactions in 2017, almost double than the 550,000 in the previous year, according to figures...

Greece Eases Capital Controls, Raises Cash Withdrawal Limit

The Greek government has announced a further easing of capital controls effective from Friday. The withdrawal limit from bank accounts will be raised to €2,300...

Greece to Further Ease Capital Controls

The Greek government will announce in the next few days a further easing of capital controls, local media report. The withdrawal limit from bank accounts...

Greece’s Piraeus Bank Shortlisted for International Award

Greece's Piraeus Bank has been shortlisted for the second year running for an international award in client service. Global Custodian runs an annual survey on...

World’s Biggest Bank Comes to Greece

The world's biggest bank, the Industrial and Commercial Bank of China (ICBC), is coming to Greece, being the second Beijing bank with interests here...

National Bank of Greece Ends Need for European Aid

The National Bank of Greece (NBG) is the first Greek bank to have entirely eliminated its dependency on the European Central Bank's Emergency Liquidity...

EU: Greece has Almost Half of Eurozone’s Bad Loans

Non-performing bank loans (NPLs) are a constant threat to the eurozone's banking system and a new report by the European Commission shows Greek institutions...

Bank of Greece Issues Warning on Bad Loans

The banking system is still susceptible to external financial dangers, the Bank of Greece (BoG) warned in a review of the Greek financial sector...

Piraeus Bank to Quit European Aid in 2018

Piraeus Bank has significantly reduced its reliance on the European Central Bank's Emergency Liquidity Assistance (ELA), and plans to fully eliminate it in 2018,...

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