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Moody's: How it "sees" Greek banks after the elections

Moody's proceeded with an evaluation of the Greek systemic banks, after the result of the elections of May 21. The key points that Moody's sees in the credit strengths of the banks are the significant reduction in each bank's problem loans, the increase in customer deposits and access to international capital markets, but also the stronger core earnings and the relatively low provisions that support the bottom line of banks' profitability.

  • Published in Greece

Goldman Sachs: The 3 catalysts for Greek banks

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.

  • Published in Economy
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