Eurobank EFG

Inspectors from the International Monetary Fund, the European Central Bank and the European Commission tasked with assessing Greece's progress in structural reforms have asked for a comprehensive approach to nonperforming loans that will incorporate measures for settling both corporate and household debt, a Finance Ministry official who attended talks in Athens on Tuesday told the state-run Ath

By Christos Ziotis

Greece's four biggest banks are seeking as much as 5.4 billion euros ($7.1 billion) from the European Central Bank's first auction of cash aimed at boosting loans to companies and households, according to people with direct knowledge of the plans.

 Systemic lenders cannot ignore market concerns over likely significant additional capital requirements

By Dimitris Kontogiannis

Yannis Stournaras, Greece’s former finance minister, has been officially appointed governor of the Bank of Greece, replacing George Provopoulos.

“As Finance Minister you execute government policy. The governor of the Bank of Greece has very different obligations. Both seek to safeguard the public interest. And currency stability is in the public interest,” Stournaras said.

The Greek Euroboank, which owns 100% of Bulgaria's Postbank, has new majority owners, said the bank in a press release. 

 Return to normal conditions may take longer than many businesspeople and other professionals think

By Dimitris Kontogiannis

 Management, HFSF express satisfaction with successful completion of share capital increase

By Yiannis Papadoyiannis

By Yiannis Papadoyiannis

Eurobank and National are rushing to make the most of the favorable climate for Greece in global markets, as the former is beginning the process of its share capital increase this week and the latter is expected to open the book for its new five-year bond on Tuesday.

Greece's third largest lender Eurobank, which is issuing new shares to help plug a capital shortfall, said on Friday that the cash call will take place from April 25 to 29.