Leading global investment banks reaffirm bullish views on Greek lenders, highlighting strong fundamentals, attractive valuations, and continued room for upside despite global market uncertainty.
Greek banks are entering 2026 in a far stronger and more resilient position than ever before, according to Bank of Greece Governor Yannis Stournaras.
International houses raise price targets, citing double-digit profit growth, credit expansion, and bancassurance potential.
Stable interest rates, credit expansion, and dynamic buybacks set the stage for higher profits and enhanced distributions
Dividend payouts, credit expansion, and international strategy dominate discussions at UBS & Citi conferences — What global analysts want to know
Upgraded target prices and strong loan growth make Greek lenders a top pick despite recent market rally
UBS has issued a bullish note on Greek banks, reiterating Buy ratings across the board and highlighting continued credit momentum, resilient profitability, and an expected gradual decline in cost of capital as key drivers for the sector.
The American-based multinational investment bank upgraded its target prices for the country’s systemic banks, suggesting a substantial margin of increase ranging between 9% and 23%.
Using a technique known as “Caller ID Spoofing,” fraudsters pose as bank employees and manipulate caller ID to display the legitimate phone number of a bank, tricking victims into believing the call is genuine.
The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.
Greek banks face a €100M budget impact as new measures slash fees for remittances, bill payments, and ATM use.
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.
RES financing corresponds to approximately 8% of the Greek banks' serviced loan portfolio, emphasized the Senior General Manager, Head of Corporate & Investment Banking of Piraeus Bank
The main characteristic of the renewed products is that the longer the duration of the deposit, the higher the reward in interest or even in kind
