Greek Banks Cut Credit Risk Costs as European Outlook Faces New Pressures
14 Articles
14 Articles
Greek banks cut credit risk costs as European outlook faces new pressures
Greek banks are among Europe’s strongest performers in reducing credit risk costs, although their levels remain among the highest on the continent, according to an analysis by Morningstar DBRS warning that renewed interest rate pressures could test lenders over the next 12 to 18 months. Greece, Italy, Spain and Portugal have recorded the sharpest reductions […]
Greek banks continued to record the largest reductions in credit risk costs in 2026, despite a significant increase in interest rates by the ECB, according to an analysis by the rating agency DBRS. The Canadian agency says that in general, European banks have shown resilience in a higher interest rate environment, but expects a moderate increase in CoR in the next 12-18 months, especially as the ECB is again in a phase of monetary tightening an…
DBRS for Greek Banks: They Recorded the Largest Reduction in Credit Risk in Europe in the First Half
The Canadian firm analyzed the cost of credit risk of 53 banks from 14 European countries, including the four systemic ones - For Greek banks, the cost decreased by approximately 20 bps compared to 2025 and more than 30 bps compared to 2024
The trends clearly diverge by geography. Banks in southern Europe (Greece, Italy, Spain and Portugal) and Ireland continue to improve the CoR, while those in the North and in the North and in the North (United Kingdom, France and Germany) report gradual increases, although from low levels. In the United Kingdom, France, the Netherlands and Sweden, the CoR has risen steadily since 2024.
Goldman Sachs highlights positive prospects for Greek banks. Analyzing market estimates in view of the third quarter results. Specifically, the market predicts an increase in earnings per share by approximately 15% in 2027 for the four systemic banks. At the same time, for 2028, estimates predict an additional annual increase of 10%. Thus, the forecasts outline a continuation of profitability after this year. Target prices for the four banks Gol…
(Teleborsa) - The quality of the assets of European banks has led in a surprising way to the strong rise of the rates started in 2022, denouncing the expectations of a widespread deterioration of the credit. But the match does not...
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