ECB: Greek Banks Stress Tests Results Due in May

The European Central Bank's stress test of Greek banks is still expected to be completed in May despite a delay in a pan-European check. The...

Piraeus Bank to Hold Property Auction Online

Piraeus Bank is holding its second e-auction for the sale of bank-held properties. The auction will take place on October 24 and 25 via properties4sale.gr;...

Possible NBG Bond Buy by ECB Could Offer Support to Greek Economy

The European Central Bank could buy covered bonds issued by the National Bank of Greece under its asset purchase scheme, providing indirect support for...

Eurobank Extends Deal with EIF, Doubles Funds for Small Businesses

Eurobank extended last year’s agreement with the European Investment Fund (EIF) to provide financing for small businesses, doubling the amount of available funding to...

ECB Profits from Greek Bond Holdings at €7.8 Billion

The European Central Bank has made nearly €8bn in profits from its holdings of Greek government debt, according to a written response provided by...

National Bank of Greece Plans to Issue First Market Bonds in 3 Years

National Bank of Greece has announced plans for a euro covered benchmark, the first Greek bank bond in the public market since 2014, and...

ECB Move to Ask for 100% Coverage of NPLs to Hurt Greek Banks

A move by the European Central Bank to ask eurozone banks to set aside enough cash to cover 100% of their non-performing loans (NPLs) over...

Piraeus Bank, EIB, EBDR, Sign €700 Million Investment Deal for Small Greek Businesses

Piraeus Bank, Greece's biggest lender, has signed a new investment deal for small and medium sized companies with the European Investment Bank (EIB), the...

Israeli-Greek Sabby Mionis Sues HSBC and Falciani Over ‘Lagarde List’

Israeli-Greek bussinessman Sabby Mionis is suing whistle-blower Hervé Falciani and the HSBC bank over the disclosure of private information from his bank account, contained...

EIB to Help Piraeus Bank in Supporting Small Greek Businesses

The European Investment Bank (EIB) has announced it will invest 350 million euros in Piraeus Bank covered bond next month, as part of efforts...

IMF’s Thomsen: No Stability Concerns Over Greek Banks

Poul Thomsen, Director of the European Department of the IMF, said there are "no concerns" about the stability of Greek banks and an asset...

Greek Bank Stress Tests by ECB may Come Earlier Next Year

The European Central Bank may bring forward its stress test of Greek banks next year, finalising data well before Greece is due to exit...

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