BANKING
German bank is using Bitcoin to handle international loans
German businessman Radoslav Albrecht has founded an online bank that will use Bitcoin to facilitate international money transfers. Albrecht says…
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Speech by Bank of Greece Governor Yannis Stournaras at an event on the occasion of Accenture’s 25th anniversary in Greece “Greece and the global economy: Prospects and main challenges ahead”
Ladies and Gentlemen, It is a great pleasure for me to be here tonight and share my thoughts on the…
Piraeus Bank Custody & Securities Services Wins Global Award for Excellence in Relationship Management & Client Services
Piraeus Bank received from Global Custodian, the highly respected publication in the international securities services arena, the Global Excellence Award…
Update on the sale of Banka Romaneasca
Bank of Greece (“NBG”) would like to inform investors in respect of its agreement to sell its subsidiary to OTP…
Exhibition "Frames of Reference – From the Bank of Greece Collection"
FRAMES OF REFERENCE FROM THE BANK OF GREECE COLLECTION On the occasion of the 90th anniversary of the…
Announcement on the adoption of International Financial Reporting Standard (IFRS) 9
As of 1 January 2018, IFRS 9 “Financial Instruments” replaced International Accounting Standard (IAS) 39 “Financial Instruments: Recognition and Measurement”.…
Use of Excess Capital to Significantly Strengthen Provisioning Levels/NPE Coverage Raised to 52%, NPL Coverage to 82%
Combination of increased provisioning in 2017 and IFRS9 First Time Αdoption (FTA) significantly increases NPE / NPL cash coverage…