The European Bank for Reconstruction and Development (EBRD) on Friday announced that it will provide 10 million euros of credit protection to Alpha Bank SA, one of Greece’s four systemic banks. The EBRD will invest in a mezzanine tranche of a synthetic balance sheet securitization. The structure consists of a 1.9-billion-euro performing small and medium-sized enterprises (SME) and corporate loans portfolio, originated by Alpha Bank.
The transaction, according to the EBRD, will support Alpha Bank in enhancing its capital resilience by achieving risk-weighted asset relief of around €1.2 billion and will free up lending capacity.
Moreover, Alpha Bank will allocate 150 per cent of the EBRD investment to financing new investments in renewable energy and energy efficiency.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Fitch Upgrades Greece’s Rating to BBB-; Outlook Stable
Fitch Upgrades Greece’s Rating to BBB-; Outlook Stable
Eurostat: Greece Tops Housing Costs in Europe
The data showed Greece had the highest costs both in urban and rural areas
PM Mitsotakis Addresses UK Relations, Climate Goals in Bloomberg Interview (video)
"Greece and the UK have a long history of bilateral relations; I wouldn't dwell much on this issue," Mitsotakis replied during the interview
COP28: Mitsotakis Opens Pavilion and Announces Poros as Next GR-Eco Island (video)
COP28: Mitsotakis Opens Pavilion and Announces Poros as Next GR-Eco Island (video)
Capital Gas Ship Management Honored with Prestigious “World LNG Shipping Award”
As a vital part of the Capital Group, Capital Gas Ship Management Corp. oversees a fleet of 108 vessels with an impressive cumulative capacity of around 11 million deadweight tons (dwt), spanning various maritime sectors
Global LNG leaders Marinakis, Angelicoussis on future of shipping, LNG, energy transport
High-profile discussion at 23rd World LNG Summit & Awards focuses on changes, challenges and opportunities in the global market, particularly the future course of LNG as a cleaner and dependable fuel source
UniCredit: Greek Economy to Stand Out in Eurozone, Despite Modest Performance
UniCredit projects Greece will achieve its inflation target of 2% in 2024, aligning with the European Central Bank's goal
Greek Company ‘Matrix Pack’ Among Top 3 Globally in Paper Straws
The leading paper straw manufacturer expands its products to include other biodegradable food packaging produc
Eurostat: Inflation in Greece at 3pct in November from 3.8pct
Food, alcohol, and tobacco will exhibit the highest annual rates at 6.9 percent in the Eurozone
OECD: Greek Econ Growth at 2.4% This Year; 2% in 2024; 2.4% in 2025
The organization said Greece’s strong economic rebound in the post-pandemic period is being tested by surging energy and food prices as well as renewed geopolitical uncertainty.
![ΙΝΣΕΤΕ: Πάνω από 2 εκατ. οι αφίξεις στη χώρα, τον Οκτώβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2023/11/toyr-90x90.jpg)
![Χρυσός: Στα ύψη οι τιμές της ουγγιάς και της λίρας Αγγλίας [γράφημα]](https://www.ot.gr/wp-content/uploads/2023/07/ot_lires_palaias-600x352.png)
