Greek Banks

Greek Prime Minister’s speech on launch of the National Bank’s Act4Greece program had a bit of everything for everyone, thereby adding further weight to claims to Alexis Tsipras’ radical days are long behind him and that his main goal is...

According to the Greek financial newspaper Kefalaio, foreign investors holding large Greek bank shares are due in Athens on February 28th for a series of meetings with high level Greek officials, which include Prime Minister Alexis Tsipras. According to the same source,...

With no end to the Greek economic crisis and the fear of bank collapse, wary Greeks have been withdrawing cash for years although there has been no wild bank run. The rich have pulled their money out of local...

National Bank will be the strongest bank in the Greek banking market, based on its capital and liquidity, with the aim to play a leading role in the recovery of the Greek economy and of social cohesion after completion...

The National Bank of Greece (NGB) will hold an emergency general meeting on Monday to approve the sale of its Turkish subsidiary Finansbank, the bank announced. "After almost 10 years of successful presence in Turkey, NBG is selling Finansbank to fulfill its...

Ever since the outbreak of the Greek debt crisis and the subsequent bailout programs that followed (the first one in May 2010 by the Papandreou government and the second one in June 2012 under the Samara’s government), numerous analysts...

More than six months into the restrictions the Greek government has further eased capital controls, lifting some of the restrictions on Thursday. Among the liberties restored concerns premature repayment of loans. A full or seen partial premature repayment is not allowed,...

"It is not in the interest of any bank to proceed with home foreclosures. The motive for each bank is to keep its clients informed," Hellenic Bank Association president and National Bank's chief Louka Katselli said in statements to...

National Bank of Greece on Tuesday sold its 99.81 percent stake of Turkey's Finasbank AS to Qatar National Bank SAQ , the Gulf Arab region’s largest bank, for 2.75 billion euros. According to Qatar National Bank, the transaction will be...

The Greek bank holiday was not as unexpected as people may think after all. The first three episodes of Paul Mason's new documentary "This is a Coup" look into the days leading into the July 5 Greek referendum. Mason gets...