The National Bank of Georgia (NBG) made a statement in response to the European Parliament’s resolution, calling for ...

The latest reports from the three major credit rating agencies show a general improvement in the ratings of banks in both Cyprus and Greece, reflecting the broader upgrades of both countries’ ...

Stournaras said bank profitability should be further strengthened, in order for banks to boost their regulatory capital ...

Referring to the National Bank of Georgia (NBG), Galt&Taggart reports that official international reserves in January decreased by 8.7% year-on-year and amounted to $4.4 billion. If compared to the ...

National Buying Group (NBG) has appointed Stephen Harrison as its new Non-Executive Chair. Harrison succeeds to the Group’s previous Non-Executive Chair, David Szymanski, following his retirement at ...

Mikheil Kavelashvili, the President of Georgia, on Friday appointed Natia Turnava as the new Governor of the National Bank ...

The Georgian Parliament on Thursday approved four new members to the Board of the country’s National Bank, the NBG said.

Greek bank Attica completed a disposal of non-performing loans with a gross book value of €3.7bn on Tuesday, cutting its NPL ...

Piraeus Bank is in exclusive talks to acquire a 70% stake in Ethniki Insurance for €469 million ($485.84 million), aiming to ...

Determining the largest companies in Greece involves evaluating various metrics such as market capitalization, revenue and ...

The National Bank of Greece (Cyprus) recently presented its activities in the Cypriot business environment during a conference held in Athens.In a speech delivered at the event, Marilena Sevastidou, ...

As Turnava pointed out, the NBG and Georgian banks have effectively navigated complex sanctions procedures, ensuring the financial system’s credibility remains intact. “In a matter of days, we have ...