Search Results for: National Bank of Greece
Italians Join Greeks Selling Bank Stock to Once-Wary Investors
March 27th, 2014
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...
European Central Bank: review mission to Greece
March 20th, 2014
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The teams have reached staff-level agreement with the authorities on policies that could serve as the ...
NBG Group: Q3.15 results highlights
November 9th, 2015
CET1 ratio stable qoq despite protracted bank holiday and capital controls hitting top line in Greece CET 1 stood at 9.6% in Q3, unchanged qoq Turkish Lira depreciation impact was offset by €2.2bn RWAs reduction (including domestic deleveraging) and ...
Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay
October 6th, 2015
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to meet next month’s deadline for unlocking money to recapitalize its ...
Capital controls: How Greeks and tourists will be hit
June 29th, 2015
For the average Greek, capital controls have now gone from threat to reality. But what does this mean in practice? On Monday morning, employees of the National Bank of Greece, the country’s largest commercial bank, were continuing to go ...
Hellenic Capital Market Commission (HCMC) Decisions
May 21st, 2015
The Hellenic Capital Market Commission (HCMC) decided during its Board of Directors’ meeting, on 14.5.2015, the following: The approval of the offer document regarding the mandatory bid of PIRAEUS BANK SA to the shareholders of the company TRASTOR REIC, according to ...
Greek finance minister Yanis Varoufakis to visit London
January 30th, 2015
Yanis Varoufakis to meet George Osborne and City bankers on whistlestop tour of Europe to drum up support for Athens’ Syriza government The new Greek finance minister is to call on George Osborne and City bankers next week as part of ...
Greek stocks tank after key vote fails
December 29th, 2014
Greek stocks plunged today after a key vote failed to result in a new president, pushing the country further towards political crisis. Greece’s blue chip index fell as much as 11 per cent weighed down by banks such as ...
Worst Greek Stock Slump Since 1987 Proves Bears Right: Options
December 10th, 2014
Investors began giving up on Greek stocks even before the latest rout. A U.S. exchange-traded fund tracking the nation’s equities has had a record streak of redemptions, losing money for four straight months. The wagers proved well-timed: the benchmark ...
Greek Stock Recovery dims as Europe Turmoil Flattens ASE
August 19th, 2014
The curtain is coming down on Greece’s star turn with international equity investors. Among the best-performing Europe gauges in 2013 after the government carried out the world’s biggest-ever debt restructuring, Greece’s ASE Index has become one of the worst, ...
