Greece Further Relaxes Capital Controls to €5,000 per Month

Greece's finance ministry has further relaxed capital controls with a decision sent for publication in the Government Gazette on Thursday, raising the monthly limit...

First Greek Bank Joins UN Initiative for Sustainable Banking

Greece's Piraeus Bank and twenty-five other leading global lenders from five continents are re-defining financial institutions’ purpose and business model to align the sector...

Greeks May See Further Easing of Capital Controls

Reports in Greece are suggesting bank customers will see the amount they can withdraw each month rise to between €4,000-€5,000 ($4,700-$5,880). Currently there are capital...

Greek Banks Get Positive Stress Test Results from Moody’s

The results of a stress test round for the four Greek systemic banks -- Alpha Bank, Eurobank, National Bank and Piraeus Bank -- are...

Top Greek Banks would Lose €15.5 Bln of Capital in Stress Scenario: ECB

Greece’s four biggest banks said on Saturday that no new funding plans were needed after stress test results showed they would lose around 15.5...

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...

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