Displaying items by tag: greek banks

Greece’s four largest banks are significantly outperforming their European peers and attracting strong buying recommendations from international investment houses, reflecting growing confidence in their robust profits and promising future prospects.

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.

Moody's upgraded National Bank and Piraeus Bank deposit ratings on Monday.