#BANKS

Greek Banks’ Billion-Euro Profits Revive Debate Over Tax Breaks

Greek Banks’ Billion-Euro Profits Revive Debate Over Tax Breaks

Banks also continue to offset taxable profits against losses accumulated during the financial crisis, reducing their current corporate income-tax payments.
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Greek Banks to Equip Cash Bundles With Tracking Devices

Greek Banks to Equip Cash Bundles With Tracking Devices

The regulations place particular emphasis on ATMs, which have been targeted in attacks involving explosives.
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Greece Introduces New Bank Entry Rules, Balancing Security and Privacy

Greece Introduces New Bank Entry Rules, Balancing Security and Privacy

Under the rules, banks may deny entry to individuals wearing face coverings or disguises that make identification difficult.
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Greek Banks Outpace European Rivals on Lending Margins and Profitability, ECB Data Show

Greek Banks Outpace European Rivals on Lending Margins and Profitability, ECB Data Show

Greek lenders’ margins were more than double those of German banks, at 1.07%, and French banks, at 0.99%.
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Greek Banks Have Recovered. Their Troubled Borrowers Haven’t

Greek Banks Have Recovered. Their Troubled Borrowers Haven’t

The proposals underscore a persistent contradiction in Greece's economic recovery.
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Greek Banks Face Limited Risk From Bond-Market Pressure, DBRS Says

Greek Banks Face Limited Risk From Bond-Market Pressure, DBRS Says

Government bonds on Greek banks’ books were equivalent to nearly 300% of their common equity Tier 1 capital, a key measure of financial strength,
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Greece Tightens Scrutiny as Banks Push Into New Businesses

Greece Tightens Scrutiny as Banks Push Into New Businesses

Banks will have to secure regulatory clearance before launching a new activity and provide detailed information on both the business itself and its potential effect on their financial position.
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Greece’s New Savings Plan for Children Could Be a Boon for Banks—and a Long-Term Bet for the State

Greece’s New Savings Plan for Children Could Be a Boon for Banks—and a Long-Term Bet for the State

For Greece’s banks, however, the attraction is particularly clear.
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Small Greek Businesses Face Rising Borrowing Costs as Banks Shield Larger Clients

Small Greek Businesses Face Rising Borrowing Costs as Banks Shield Larger Clients

The divergence reflects both intense competition among Greek banks to finance large investment projects linked to the European Union's post-pandemic Recovery and Resilience Facility and the stronger negotiating position of large corporations.
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Greece Moves to Toughen Financial Crime Controls Ahead of EU AML Push

Greece Moves to Toughen Financial Crime Controls Ahead of EU AML Push

The new Action Plan for the Prevention and Combating of Money Laundering is expected to be endorsed on Tuesday.
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Greece's Profitable, Tax-Free Banks: An Uncomfortable Debate

Greece's Profitable, Tax-Free Banks: An Uncomfortable Debate

The real question is why, more than a decade after the sovereign-debt crisis, a substantial portion of Greek banks' capital still rests on future tax claims against the state.
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IMF Flags Weaknesses in Bank of Greece Supervision of Non-Systemic 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.
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Banks, Lawyers and Accountants Face New Compliance Burden Under EU AML Rules

Banks, Lawyers and Accountants Face New Compliance Burden Under EU AML Rules

The proposed monitoring framework extends beyond financial transactions alone.
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Greece Advances EU Single Access Platform, Creating New Investor Data Gateway

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.
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Greek Banks’ Push into the Gulf Slows Amid Middle East Escalation

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.
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Court Ruling on Loan Interest Puts Pressure on Greek Banks and Securitisations

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.
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Green Transition Poses New Risks for European (and Greek) Banks, ECB Warns

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%.
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Greek Bank Lending in 2024 Favored Large Corporations, Report Finds

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.
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Greek Banks Highlight Growth Plans at Goldman Sachs Conference

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.
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