The nightmare of the Greek bonds returns for the European and domestic banks amid scenarios that the largest involvement of the private sector to avoid a Greek default is under examination. The...
Some banks undertake bigger risks than others in the granting of loans in one of the most difficult financial periods. According to latest Central Bank data, Bank of Cyprus, which has the biggest...
30/09/2011
The repercussions from the Mari crisis will be milder than expected, Marfin Popular Bank CEO, Efthimios Bouloutas said today, stressing the need to take fiscal consolidation measures that will...
28/09/2011
Dubai is expected to attend the Extraordinary General Meeting of Marfin to take place tomorrow. According to an announcement released on Tuesday, Dubai Financial Group informed in writing on 26/09...
27/09/2011
The European supervisors were reassuring with regard to the immediate recapitalization of the banks, stressing that nothing has changed since the announcements that followed the stress tests of July...
Moody's Investors Service today downgraded the long-term deposit and senior debt ratings of eight rated Greek banks by two notches. Specifically, National Bank of Greece SA (NBG), EFG Eurobank...
23/09/2011
The European officials seek to accelerate the plans for the recapitalization of the sixteen banks that passed the July stress tests marginally so as to convince the markets on the robustness of the...
An undeclared war has broke out among the banks in the past few weeks for the absorbance of liquidity from the domestic market due to the strong liquidity pressures in Greece and the estimates that...
21/09/2011
National Bank of Greece (Cyprus) announced its decision to participate successfully and together with its parent company NBG SA in the voluntary program for the replacement of the existing state...
12/09/2011
Thousands of businesses and households were relieved by the impressive drop in the value of the Swiss franc against the euro. The drop of the Swiss franc was the result of the decision of the...
08/09/2011