Moody's upgrades National Bank, Piraeus Bank deposit ratings
The BCA upgrade reflects the bank's improving solvency and the strongest funding and deposit franchise among local peers, the ratings agency said.
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Moody’s upgrades National Bank, Piraeus Bank deposit ratings -
JP Morgan Upgrades OTE Stock to Overweight
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Defence Minister Dendias and EU’s Borrell Visit Greek Frigate in Djibouti
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During the 2020-22 period, amid the pandemic, the number of deaths reported in the country reached roughly 169,000, compared to only some 113,000 births
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Agreement signed to create hydroplane service between Alexandroupolis and Samothrace
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Summer sales start, to last until August 31
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Greek basketball returns to the Olympics after 16 years
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Church of Greece Goes Digital: Marriage, Baptism, and Divorce Procedures to be Available Online by Year-End
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Albania obligated to allow MEP Beleri to attend the European Parliament plenary, Foreign Ministry says
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S&P upgrades rating of five Greek banks
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S&P upgraded the long-term credit rating of National to BB+ from BB, keeping the short-term credit rating at B and the outlook positive. The upgrade reflects the bank’s improved financial and financial outlook, which has reduced its nonperforming exposure (NPE) ratio to 3.7%, with provision coverage reaching a high of 85%. S&P estimates that the NPE ratio will further decline to below 3% by end-2025, so the cost of risk is forecast to decline to close to 50 basis points by the end of 2026 from 95 bp at the end of 2023.
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INSETE: The Countries Greeks Visit Most
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North Macedonia-Gordana Siljanovska: “We are behaving very responsibly towards the Prespes Agreement”
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"I ask for understanding. We have the Prespes Agreement. We changed our country's Constitution, we changed our documents both for the outside and the inside, we even changed the manhole covers. However, when there are two sides to the Agreement, the other side must also show a willingness to cooperate.
