EXIN Buys 75% of Ethniki Insurance in 718 Million Euro Deal

The acquisition of 75% of the Ethniki Insurance, a subsidiary of the National Bank of Greece (NBG), was announced by the Dutch EXIN, which...

Eurogroup Chief: We Saved the Greek Banks but Overlooked Taxpayers

Outgoing Eurogroup chief Jeroen Dijsselbloem acknowledged on Thursday that Greece’s creditors put too much emphasis on saving the banks at the expense of ordinary...

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...

Greek Βank Deposit Οutflows Eased in March

Greek bank deposit outflows showed a significant decrease in March, reducing fears regarding the country’s banking system that has suffered a shock by the...

Greek Bank Deposits Down in March

Greek bank deposits fell again in March, with deposits by companies and households falling to 121.5 billion euros at the end of March, from...

Bank of Greece Report: Attica Bank Mired in Discrepancies

The Bank of Greece probe of Attica Bank uncovered at least 30 serious discrepancies in its administration and operations, and a report is submitted...

BoG Governor Urges Greece and Creditors to Compromise Before It’s too Late

Governor of the Bank of Greece, Yannis Stournaras, said on Monday, that time is running out for bailout review talks and stressed that Athens...

Greek National Bank’s Sale of South African Unit Approved

South Africa's competition watchdog announced it had given a green light to the sale of the South African Bank of Athens (SABA), owned by...

Private Sector Bank Deposits Up for Second Month in a Row

Greek private sector bank deposits increased slightly in November, rising for a second month in a row, Bank of Greece data showed on Friday,...

Piraeus Bank Finances Development of Major Transit Hub in Greece

Piraeus Bank, Greece's biggest lender, has announced it will finance the development of the Thriassio Transit Center, which will help increase freight transport by...

Greek Minister Warns Banks Are Unlikely to Open this Week

The extension of the bank holiday until Wednesday, July 8, which was decided on Monday, is likely to carry on for the rest of the week. In an interview...

Greek HFSF Stability Fund Board Members Tender Resignations

Members of the Hellenic Financial Stability Fund have tendered their resignation to be made effective on July 18, 2016. The decision was made so...

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