The new tariffs coming into effect for all banks based on the legislative regulation provide for zero charge for the payment of bills and debts to the state, social security funds, local authorities, utilities and insurance companies; a maximum charge of 0.50 euros for sending money
The measure aims to lower the cost of doing business and everyday transactions in Greece, with an estimated annual cost to banks of approximately €150 million.
JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization
The positive trend is reflected by the high demand expectations of Greek hoteliers, according to the study, with the relevant index reaching its highest historical point in the January-February period
The rating agencies are keeping the banks at a distance from the rating of the State. The ECB's approval of a dividend distribution this summer, after 16 years, will pave the way for upgrades.
