
Reports: Greek banks ready to freeze rising interest rates at late March 2023 levels; 12-month duration
Initial reports point to freeze on the Euribor one-month rate, the three-month rate and the basic ECB rate
Initial reports point to freeze on the Euribor one-month rate, the three-month rate and the basic ECB rate
The proposal was unveiled after yet another meeting with Finance Minister Christos Staikouras
The government wants a proposal by banks on this issue within the next two weeks.
Christos Staikouras emphasized that the government has substantially and effectively supported the country's banking system
The total value of those NPLs corresponding to 14.8 billion euros
Bank loans to shipping companies increased for the first time
Banks proceed to reject arrangements, either through out-of-court or bilateral arrangements, at a rate of 67%, while the corresponding rate for servicing companies stands at 34%
An additional 120 branches will be closed by the four systemic banks in 2022. "For a violent contraction of the network in the region", says General Confederation of Greek Workers -GSEE
The transaction is expected to be launched in the near future, subject to market conditions
The sale of assets in the retail and wholesale market and the opportunities for financing transactions
Expect significant increase in green investment - Opportunity of the country for energy independence
What will happen if the customer is unable to pay his installments or the macroeconomic environment deteriorates
The levels of the delay rates next December - The scheduled transactions for the first half of the year
The optimistic scenario panned out and not the ominous predictions that the banking sector risks a new exclusion from the international financial system and delays in the implementation of its consolidation program.
In 2021, Piraeus Bank, Alpha Bank and Eurobank completed transactions of 5,8 billion euros, reducing the risk-weighted asset by 3,6 billion euros, while they also stregthened the capital adequacy ratios by 40-50 units
Greek banks are considering the possibility of imposing negative interest rates for the first time in Greece starting in 2022
Specifically, the monthly net flow of total deposits was positive by 430 million euros, compared with a positive net flow of 207 million euros in September 2021
Value of Greek assets causes explosion of business deals
The Hellenic Banking Association (EET) refers to the conditions for transactions in bank branches
Banks expect a surge in demand for housing by 2027, leading to an annual price increase of 4% -5%
At the same time, the annual rate of change of the total financing of the domestic economy was 13.5% in August 2021 from 13.8% in the previous month
Only on Monday there was a clear downside trading that led the market to 893.47 points.