Tag: Bank Profitability
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Understanding the Decrease in Greek Banks’ Financing Costs
Introduction In recent months, the average weighted financing cost for Greek banks has significantly decreased, settling at about 1%. This development marks a crucial shift for the financial landscape in Greece, creating favorable conditions for enhanced profitability among banks post-June. In this article, we will explore the factors behind this decline and its potential implications…
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Lower Funding Costs for Greek Banks Boost Profitability
Introduction to Greek Banks’ Funding Costs The banking sector in Greece has seen a significant shift in its financial landscape, marked by a notable reduction in the average weighted funding cost. Currently standing at approximately 1%, this decrease plays a crucial role in shaping the future profitability of Greek banks. This article explores the implications…