In its major annual report, “2026 Outlook: Moving Past ‘Proof of Concept’,” Goldman Sachs outlines a European banking sector that is leaving behind the phase of proving its resilience and entering a period where growth and efficiency take center stage. In this environment, Greek banks stand out for their rating stability, clarity in target prices, and their strong positioning in the firm’s comparative charts.

Goldman Sachs maintains a constructive outlook for Greek banks ahead of the 2024 earnings announcements, continuing to expect that the valuation discount at which Greek banks trade compared to their European counterparts will gradually narrow over the next 12 months.

US bank Goldman Sachs believes another upgrade of its credit rating is possible in the autumn for the Greek economy.