Eurobank Archives - Page 5 of 5

FPS excess personnel to return to Eurobank

6 April 2020 Konstantinos Papagrigoris

Theodoros Kalantonis and general manager Anastassios Panousis were supposed to resign from the bank in order to assume today (April 6) their duties at FPS as executive chairman and chief executive officer respectively.
FPS management will partially adjust its personel after high interest

Banks with 11.6 bln euro of capital buffer to implement NPE reduction in 2020

5 April 2020 Konstantinos Papagrigoris

*The NPE ratio in Greece decreased by 15,2 bln euros, , to 32.2 percent in the fourth quarter of 2019.
* Banks in 2019 strengthen their capital position which is now valued at 11.6 bln euros.

S&P : Companies rated ‘B-‘ and below will likely suffer most from shut down

31 March 2020 Editors

Companies with these ratings are most likely to lack the financial flexibility to weather a crisis hitting both their top-line revenue and financing cost.

S&P revised its outlook for Greek Banks and their NPEs

31 March 2020 Christos N Konstas

S&P Global Ratings said it revised its outlook on Alpha Bank, Eurobank, National Bank, and Piraeus Bank to stable from…

Eurobank: DoValue deal on FPS completed

26 March 2020 Konstantinos Papagrigoris

Eurobank and Dovalue have completed the FPS deal.
Eurobank has announced for 2021 that it will securitize NPEs worth 1.7 billion euros and sell a 0.4 billion euro portfolio.