Eurobank

Greece's Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of India to open a representative office in Mumbai, the Economic Times reports. With 80.5 billion euros...

Greek systemic banks earned credit upgrades from credit agencies Fitch and Moody's on Tuesday following a recent round of upgrades of Greece's credit rating. Fitch Ratings upgraded Eurobank SA's Long-Term Issuer Default Ratings (IDRs) to 'BB' from 'BB-', and Viability...

The credit agency Moody's upgraded on Monday the long-term deposit ratings of the four biggest Greek banks, and said that the outlook for all of them is positive. The upgrade, "driven by their improving asset quality and solvency and good...

Greece’s third-largest lender Eurobank announced a deal on Sunday to buy Grivalia Properties in an effort to boost the bank’s capital and speed up the reduction of bad loans. The Athens News Agency says that the 780 million euro ($886...

Piraeus Bank, Greece's largest lender, announced on Wednesday that it has entered into an agreement with Eurobank Ergasias for the sale of its shareholding stake (99.98%) in its banking subsidiary in Bulgaria (PBB). The transaction, according to a press statement...

Reuters has reported that Eurobank will maintain its Balkan footprint in Bulgaria, Serbia and Cyprus after pulling out of Romania, its deputy CEO said on Tuesday, expecting the group's subsidiaries there to double their profitability over the next few...

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 260 million euros, the Greek bank announced on Wednesday. Small businesses form the backbone of Greece’s...

On Tuesday, Reuters reported that the sale of Greece's Eurobank unit of the Ukrainian Universal Bank to Ukraine's financial group TAS has been completed. The transaction is reported to have completed on December 23 and was in line with Eurobank's...

Deposit inflows to Greek banks reached 4.5 billion euros over the last two months, namely after May 24 – the date of the Eurogroup that approved the Greek program evaluation - until late July. According to the Greek newspaper Kathimerini,...

The South East European Studies at Oxford (SEESOX)at St Antony's College at Oxford University, decided to establish a Hellenic Advisory Board appointing Nikolaos Karamouzis as chairman. The Hellenic Advisory Board is part of a new Research Program called "The Greek...