Hellenic Bank and Eurobank Cyprus will continue to operate separately until conditions are ripe for the potential merger of the two banks, Eurobank Group CEO Fokion Karavias has said.The Greek...
After having received the approval of the Commission for the Protection of Competition, regarding the concentration arising in Cyprus' banking sector, from the increase of Eurobank’s stake in...
Hellenic Bank has rolled out a Sustainable Financing Framework, as part of its commitment to support the economy's transition to sustainability as it seeks to bring a long-term positive impact for...
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023.According to a Hellenic Group press release, this profit was mainly driven by the higher interest income...
Fitch Ratings has announced significant upgrades for the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, underscoring the improving economic situation in Cyprus and the positive outlook...
Wargaming, has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank. The deal is valued at €65.9 million, equivalent to €2.35 per share.At the...
Hellenic Bank’s profit after tax for the first half of 2023 is €160.2 million, up by 203%, compared to the same period of 2022, with net interest income showing an increase of 77%, the bank announced...
The full rating impact of Eurobank S.A.’s planned acquisition of a higher stake in Hellenic Bank Public Company Limited is unlikely to be clear for both banks until the closing of the transactions...
Hellenic Bank announced that it has received notice from the Company’s Chief Executive Officer, Mr. Oliver Gatzke, that he has decided to terminate his employment agreement with the Bank with effect...
The Bank of Cyprus Group announced the successful completion of the EU-wide stress test for 2023. According to the announcement, the results show the Group's resilience under adverse conditions and...