Economic history of Italy

National Bank and Alpha Bank are reducing commissions in selected categories of transactions.

The reductions also include the charges for direct remittances - i.e. those executed in real time - for which both National and Alpha announced the commission reduction up to a certain amount.

The second quarter of the year (April-June) was a good one for Greek banks, NBG securities says in a note following the announcement of the first-half results of the "big four" banks (Alpha, Eurobank, National and Piraeus).

The Standard & Poor’s on Thursday (4/7) upgraded the ratings for Greek banks, but did not assign an investment grade to the country’s credit institutions, citing their improving numbers and the upward trend in the Greek economy.

The government has threatened banks with state intervention unless they reduce the fees they charge clients for various banking activities.

Türkiye is set to launch a comprehensive deposit return system on Jan. 1, 2025, marking a significant milestone in its zero waste initiative.

The system will feature 5,000 deposit return machines across the country, collecting a 25 kuruş deposit for each water, soda, cola and beer bottle in kiosks, grocery stores and markets.

The Turkish private sector's total outstanding loans received from abroad recorded $165.1 billion as of April, increasing by $1 billion from the end of 2023, the Central Bank said on June 12.

The long-term loans stood at $154.5 billion, decreasing by $458 million, whereas short-term loans, excluding trade credits, increased by $1.5 billion over the same period to $10.6 billion.

International developments pose a greater challenge for businesses, households and banks - What the Hellenic Financial Stability Report of the BoG says

The Turkish private sector's total outstanding loans received from abroad declined by $394 million from the end of 2023 to stand at $163.4 billion as of February, the data from the Central Bank have shown.

The combined net income of Turkish banks increased by 14 percent in the first two months of 2024 from a year ago to 74.7 billion Turkish Liras, data from the Banking Regulation and Supervision Agency (BDDK) have shown.

The total assets of the banking industry increased by 4.7 percent from the end of 2023 to stand at 24.7 trillion liras, the watchdog said.

The Bank of Greece notes that since the fourth quarter of 2021, the increase in private sector deposits has slowed down overall