EVGENIA TZORTZI

Servicers have settled loans of over 15 billion euros

Debt management companies (servicers) have so far arranged bad loans amounting to 15.2 billion euros since 2022.

Barrier for mortgage loans

One in every three taxpayers (about 2.1 million) who declares an income of up to 5,000 euros per annum does not have access to bank loans for house purchase.

09.05.2024 / 07:30

Attica Bank share capital increase is approaching

The time is approaching for the share capital increase of Attica Bank.

28.04.2024 / 20:47

Recovery Fund project snags

The reasons why the disbursement of cash from the EU support framework is running late.

27.04.2024 / 12:19

Bank of Greece data for the first quarter of the year confirm the recovery of financing to businesses that will support credit expansion in 2024, as the net flow of financing moved into positive territory, in the order of of 333 million euros.

26.04.2024 / 10:54

Card fraud rises 43% in a year

Cardholders in Greece lost 13.5 million euros in 2023, falling victim to fraud by people who either stole their card or their data.

23.04.2024 / 19:13

Banks are investing in bonds

Greek banks made new purchases of bonds and investment assets amounting to 9.3 billion euros in 2023.

11.04.2024 / 10:02

NBG offering mortgages to young people

National Bank (NBG) is launching a mortgage program for young people in an attempt to respond to their increased housing needs, but also to mobilize the mortgage market, which is sluggish due to low demand.

09.04.2024 / 13:59

Divestment from banks earns Greece 3.5 bln euros

Greece determines the benefit of the state from its divestment from the systemic banks at 3.5 billion euros.

08.04.2024 / 04:00

Attica Bank heading for new capital increase

The streamlining of Attica Bank and its merger with Pancreta Bank will require a new share capital increase.

05.04.2024 / 07:41

Alternative investment types

Mutual funds and treasury bills earn attention of investors, while deposits are in decline.

31.03.2024 / 16:30

European Central Bank to issue verdict on banks’ dividends

Greece’s four major banks have until the end of the month to submit their capital plans.

30.03.2024 / 10:50

Merchant fees for card transactions cut

POS transaction service providers are being forced to cut their fees in an attempt to prevent a legislative intervention.

24.03.2024 / 17:36

How banks achieved record profits in 2023

Greece’s four systemic banks will distribute this year approximately 840 million euros in dividends, out of a total of €3.6 billion.

23.03.2024 / 20:00

Banks see rates staying high

Greek banks estimate that interest rates will remain high, namely between 2.7% and 3% in 2024-2026.