#BANKS
IMF Flags Weaknesses in Bank of Greece Supervision of Non-Systemic Banks
The findings were published in a report prepared under the IMF's Financial Sector Assessment Program (FSAP), which reviewed the Bank of Greece's supervision of several non-systemic lenders.
Banks, Lawyers and Accountants Face New Compliance Burden Under EU AML Rules
The proposed monitoring framework extends beyond financial transactions alone.
Greece Advances EU Single Access Platform, Creating New Investor Data Gateway
The legislation reflects Brussels’ wider push to deepen integration in European capital markets and banking supervision at a time when regulators are seeking to improve transparency, reduce fragmentation and strengthen resilience against financial and non-financial risks.
Greek Banks’ Push into the Gulf Slows Amid Middle East Escalation
Major infrastructure and technology projects that lie at the core of Greek banks’ interest in the region, have not been abandoned.
Court Ruling on Loan Interest Puts Pressure on Greek Banks and Securitisations
There are growing concerns that borrowers may seek retroactive refunds for interest already paid under the previous calculation framework, potentially opening the door to new legal claims.
Green Transition Poses New Risks for European (and Greek) Banks, ECB Warns
The ECB study estimates that in scenarios involving a sharp increase in carbon costs, the creditworthiness of companies, with high carbon footprints, could drop by as much as 30%.
Greek Bank Lending in 2024 Favored Large Corporations, Report Finds
Greek businesses gained significantly broader access to bank credit in 2024, according to the Bank of Greece, though lending remained heavily concentrated among large corporations.
Greek Banks Highlight Growth Plans at Goldman Sachs Conference
Goldman Sachs reaffirmed its bullish outlook on three of the four Greek banks, maintaining “Buy” ratings on Piraeus Bank, NBG, and Alpha Bank, while assigning a “Neutral” rating to Eurobank.