Month: August 2021

Piraeus Bank is the second bank to apply for the “Hercules II” program, for which a total of three applications have been submitted.

The completion of 80% of the Sunrise plan in less than 6 months, was announced by the bank’s management to analysts during the presentation of its first half-year results.

The Global rating agency in a report says that some of the leading Greek banks showed reasonable resilience, doubtless aided…

The Italian payment firm Nexi signed a memorandum of understanding to buy a 51% stake of Alpha Bank’s retailers payment business, which will be spun off in a separate company

Investment will support Project Galaxy, the largest NPL securitisation transaction in Greece.

Loans amounting to 1 billion euros were taken out of the problem basket by Intrum Hellas, with company paying back to Piraeus Bank regulated business debt amounting to 300 million euros.

The group has decided to expand the Cosmos securitization, which now includes domestic loans with a gross book value of 3.5 billion euros from 2 billion euros previously