An analysis by Goldman Sachs focuses on the reaction of banking stocks after the victory of New Democracy in the elections, pointing out that the shares of Greek banks strengthened by 13%, while bond yields took the opposite direction, with those of AT1 falling by 30 – 50 basis points and the senior preferred bonds by approximately 10 – 20 basis points.

Foreign ratings agencies offer reassuring reports concerning Greek banks, regarding the risks they face in the current period of turmoil in the international markets, after the bank bankruptcies in the USA and the contagion of the crisis in Europe, are continuous.

The latest developments in the American financial system, after the collapse of Silicon Valley Bank and the subsequent bankruptcy of Signature Bank, do not cause any concern to the managements of the Greek banks.