Hellenic Bank Association

Limit on contactless payments to rise

Viva Wallet, the company which operates the vast majority of card terminals in Greece, as well as being active in six other countries, said on Monday its equipment has been upgraded and now accepts contactless payments without the card user having to punch in their PIN for amounts up to 50 euros, as banks had requested.

Bank association urges customers to pay bills online to limit contacts, avoid cash

The Hellenic Bank Association (HBA) urged customers to favor electronic transactions over visiting bank branches and to rely on card payments instead of cash, as a way to limit the transmission of the new coronavirus.

In its press release, the association said banks would continue their operations as usual and resupply ATMs with cash.

Competition watchdog says bank raid 'initial step' in pricing probe

Greece's competition watchdog says raids at the headquarters of the country's four systemic banks as well as the Hellenic Bank Association (EET) and DIAS Interbank Systems on Thursday and Friday was an "initial step" in its inquiry into possible cartel practices regarding customer charges.

Probe launched into suspected bank cartel, as fresh raid carried out

Competition Commission officials launched extensive inspections without prior warning at the headquarters of the country's four systemic banks as well as the Hellenic Bank Association (EET) and DIAS Interbank Systems on Thursday, in a bid to probe possible cartel practices regarding customer charges.

Athens Investment Forum to show opportunities

The Technical Chamber of Greece and Vertical Solutions SA are holding the second Athens Investment Forum, titled "The Greek Economy in the New Era of Investments and Growth," on Wednesday, in cooperation with the Hellenic Institute for Entrepreneurship & Sustainable Development and the Greek committee of the World Energy Council.

Minister steps in to stop contentious auction

The auction of a primary residence belonging to a family affected by the 2018 deadly wildfire in Mati in eastern Attica, which on Wednesday sparked clashes between riot police and communist unionists, has been suspended following an intervention by Development and Investments Minister Adonis Georgiadis, state-run Athens-Macedonia news agency (ANA-MPA) reports.

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