The Bank of Greece
OpenCalais Metadata: Ticker
OpenCalais Metadata: LegalName
NBG offering mortgages to young people
National Bank (NBG) is launching a mortgage program for young people in an attempt to respond to their increased housing needs, but also to mobilize the mortgage market, which is sluggish due to low demand.
- Read more about NBG offering mortgages to young people
- Log in to post comments
ATHEX: Rebound for index above 1,400 points
The Greek stock market rebounded on Monday, following last week's decline, with most stocks securing significant gains, led by banks.
As a result the benchmark regained the 1,400-point level, ending the day not far from the session's high. The report by the Bank of Greece, which undercut the government's growth estimate, did not seem to affect the mood of the market.
- Read more about ATHEX: Rebound for index above 1,400 points
- Log in to post comments
Property: Prices "gallop" in 2023, according to the Bank of Greece
The Bank of Greece's Bank of Greece has revealed that apartment prices increased at an average annual rate of 13.4% in 2023
Protests against private universities bill turn violent
A student protest in Athens against a bill that would allow the establishment of branches of foreign universities in Greece for the first time has turned violent.
Around 8,000 people are estimated to be participating in the city center protest, while police have so far made nine arrests.
Stournaras: Bank of Greece prevented Grexit in 2015
If the Bank of Greece did not operate under the protection of the institutional framework of independence, after what happened in 2015, the country would have perhaps left the eurozone, Bank of Greece (BoG) Governor Yannis Stournaras said on Saturday during a Kathimerini conference on a panel titled "In the next 50 years, is democracy safe?" Is Greece reformable?" "Who doubts that if it wasn't
Banks of Greece, Cyprus to sign coop memorandum
Greek central banker Yannis Stournaras is to sign a memorandum of cooperation between the Bank of Greece and the Central Bank of Cyprus on Friday.
To this end, Stournaras will visit Cyprus at the invitation of the governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, accompanied by the deputy governor of the Bank of Greece, Christina Papakonstantinou.
- Read more about Banks of Greece, Cyprus to sign coop memorandum
- Log in to post comments
Tourism’s records are confirmed
The estimates about a new historical record of tourism receipts and arrivals in 2023 were confirmed by the Bank of Greece.
- Read more about Tourism’s records are confirmed
- Log in to post comments
Online scams growing exponentially
Experts are sounding the alarm as online fraud in Greece quadrupled between 2018 and 2023. According to the Cybercrime Unit, 5,261 incidents were recorded last year, up from 1,093 in 2018. The recruitment of artificial intelligence is further worrying experts as now perpetrators can create more believable messages.
- Read more about Online scams growing exponentially
- Log in to post comments
ECB praise for Greece’s banking progress
The European Central Bank's Supervisory Board (SSM) Chair Claudia Buch acknowledged the progress made by the Greek banking sector during her two-day visit along with Single Resolution Board Chair Dominique Laboureix to Athens.
- Read more about ECB praise for Greece’s banking progress
- Log in to post comments
Greek interest rate spread remains unchanged
The interest rate spread between new deposits and loans remained almost unchanged at 5.71% in October as the weighted average interest rate on new deposits increased to 0.46%, while the corresponding rate on new loans remained almost unchanged at 6.17%, the Bank of Greece said on Monday.
- Read more about Greek interest rate spread remains unchanged
- Log in to post comments