Emporiki Bank
Company and Financial Services Company
Moody's may cut 3 Greek banks on sovereign downgrade...a statement. A downgrade of Greek government debt would likely lead to a downgrade of National Bank of Greece, EFG Eurobank Ergasias and Emporiki Bank <CBGr. AT>, Moody's said. In turn, Alpha Bank's government-guaranteed bonds would also... In this article: Moody's, National Bank of Greece, Greece, Emporiki Bank, and Fitch |
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MarketWatch.com - MarketPulse | October 06, 2009
Credit Agricole to inject capital into Emporiki
.../quotes/comstock/24s!e:aca (FR:ACA 14.92, +0.12, +0.81%) plans to inject around 1 billion euros ($1.47 billion) into its Greek subsidiary Emporiki Bank as part of a plan to return the business to profit by the end of 2011. The first step of...
In this article: Credit Agricole, MarketWatch, London, Risk management, and Athens
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FT.com - Companies | August 09, 2009
Carlyle in Greek buy-back dispute
...have been made redundant. Dresdner Kleinwort arranged a EUR550m syndicated loan for the buy-out, which was taken up by Greek banks, led by Emporiki, National Bank of Greece, Piraeus Bank and two small lenders, Millennium Bank and Proton...
In this article: Carlyle Group, Athens, Legal advice, Chief Executive, Proton Bank, Piraeus Bank, and Dresdner Kleinwort
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PR Newswire: Automotive Industry | June 05, 2009
TOP Ships Reports First Quarter 2009 Financial Results
...(1) a waiver regarding financial and asset coverage covenants through March 31, 2010 In addition, the Company has agreed with DVB and Emporiki Bank to receive waivers until 31 March 2010 , representing approximately 30.6% of total...
In this article: Safe harbor, Private Securities Litigation Reform Act of 1995, and Alpha Bank
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Reuters | May 13, 2009
UPDATE 2-Credit Agricole's Q1 net profit slumps 77 percent
...crisis. Agricole's international retail banking division made a net loss of 21 million euros, hurt by a loss at its Greek subsidiary Emporiki Bank <CBGr. AT>. [ID:nLB674147] MIXED RESULTS FROM FRENCH BANKS French banks have produced mixed...
In this article: Credit Agricole SA, Natixis, Calyon, Societe Generale, Wells Fargo, Morgan Stanley, and BNP Paribas
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Wikipedia | May 05, 2009
Emporiki Bank
...it contributes its four branches and its International Banking Unit in Cyprus. 2002 CBG disposes of its subsidiaries in Armenia, Georgia and Moldova. At some point, Commercial Bank of Greece rebranded all its operations as Emporiki Bank.
In this article: Bank of Attica, Ionian Bank, Commercial bank, and Cyprus
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boston.com - Latest world news | March 03, 2009
Credit Agricole posts smaller 4Q loss
...subsidiary Cariparma FriulAdria posted higher earnings, but this was offset by losses in Greece, where Credit Agricole owns local lender Emporiki Bank. The bank said Greece "remains a strategic market for the group" and said it would support...
In this article: Credit Agricole SA, E-mail, Greece, Green Bank, Boston.com, and BNP Paribas
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International Herald Tribune | November 06, 2008
More bad news from European banks
...the biggest French bank, reported a 56 percent drop in third-quarter profit, Allied Irish Banks cut its earnings forecast, and Emporiki Bank, based in Athens, swung to a loss. Capital rebuilding continued in the face of a tough outlook...
In this article: Bad debt, Royal Bank of Scotland, Raiffeisen Zentralbank, Balance sheet, Allied Irish Banks, Lehman Brothers, ABN AMRO, Freddie Mac, and BNP Paribas
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Reuters | November 05, 2008
Emporiki Bank posts 9M loss on economic crunch
...mln euros * 9M net interest income down 14.1 pct to 488.5 mln euros * Results weighed by financial crisis, 55 mln tax burden. Emporiki Bank <CBGr. AT>, majority owned by France's Credit Agricole <CAGR.PA>, posted a nine-month loss of...
In this article: Tax, Credit Agricole, Athens, and France
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Reuters | November 05, 2008
Euro banks spread gloom as profits fall
...per share forecast for the year, and Austria's Raiffeisen Zentralbank said it may ask the government for 2 billion euros. In Greece, Emporiki Bank swung to a nine-month net loss of 121.3 million euros ($156 million) from a profit of...
In this article: Allied Irish Banks, Raiffeisen Zentralbank, AIB, Bad debt, Commerzbank AG, UBS AG, Market capitalization, and BNP Paribas
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Reuters | October 22, 2008
UPDATE 1-Greece's big banks agree on rescue plan-govt
...and the central bank governor, the ministry said on Wednesday. "Large Greek banks have agreed to participate in the plan, except Emporiki Bank <CBGr. AT>, which ... will take part in a plan in France," the ministry said in a statement.
In this article: Greece, Bank of Greece, Atebank, National bank, Piraeus Bank, Alpha Bank, Postbank, and Credit Agricole
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More on Emporiki Bank
Description from Wikipedia:
The Emporiki Bank (Greek: Εμπορική Τράπεζα) is a Greek bank. Its headquarters is in Athens, and the bank has hundreds of branches across Greece, as well as operations in a number of other countries. The bank is one of the 500 largest banks in the world.
In August, 2006, the french bank Crédit Agricole, acquired 72% of its capital and now controls the bank.
- Name:
- Emporiki Trapeza
- Type:
- Private
- Location:
- Athens, Greece
- Founded:
- 1907 as Commercial Bank of Greece
- Industry:
- Finance and Insurance
- Products:
- Commercial banking, Investment banking, Private banking, Asset management
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