Archive for the ‘Banking’ Category

Daily Overview of Global Markets & the SEE Region (Tuesday, December 06, 2016)

Daily Overview of Global Markets & the SEE Region (Tuesday, December 06, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: No staff level agreement was reached in yesterday’s Eurogroup, further negotiations will commence in the following days on the mechanism and...
December 6th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Italian Referendum: Political uncertainty on the rise after PM referendum defeat

Italian Referendum: Political uncertainty on the rise after PM referendum defeat
Global Economic & Market Outlook – Focus Notes (Monday, December 05, 2016) Italian Referendum: Political uncertainty on the rise after PM referendum defeat Italian Prime Minister Matteo Renzi announced in the early hours of Monday his decision to resign, after a government-backed referendum...
December 5th, 2016 | Banking, European Union, Finance, Markets, News, Politics and Government, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, December 05, 2016)

Daily Overview of Global Markets & the SEE Region (Monday, December 05, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: With a turnout close to 70%, Italian voters rejected on Sunday constitutional reforms proposed by the government by a wide margin, 59.1%...
December 5th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Italian Constitutional Referendum on December 4: A turning point in European Politics

Italian Constitutional Referendum on December 4: A turning point in European Politics
Global Economic & Market Outlook – Focus Notes (Friday, December 02, 2016) Italian Constitutional Referendum on December 4:        A turning point in European Politics Background information: Following the June 23rd Brexit vote in the UK and the Republican candidate Donald Trump’s...
December 2nd, 2016 | Banking, Markets, News, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Friday, December 02, 2016)

Daily Overview of Global Markets & the SEE Region (Friday, December 02, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Oil prices retained a firm tone supported by the OPEC agreement earlier this week to cut supply by 1.2mn bbl/d to the new official target...
December 2nd, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, December 01, 2016)

Daily Overview of Global Markets & the SEE Region (Thursday, December 01, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: OPEC members finally reached a final agreement at yesterday’s meeting in Vienna to cut production by about 1.2mb/d as of January 1st from...
December 1st, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Global Economic & Market Outlook – Focus Notes (Wednesday, November 30, 2016)

Global Economic & Market Outlook – Focus Notes (Wednesday, November 30, 2016)
Global Economic & Market Outlook – Focus Notes (Wednesday, November 30, 2016) Greece: January – October 2016 State Budget Execution and September 2016 General Government Arrears According to the final State Budget Execution data for January – September 2016, the budget balance recorded...
November 30th, 2016 | Banking, Company Profiles, Finance, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 30, 2016)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 30, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Awaiting the outcome of the OPEC meeting and ahead of key data releases today, major currency pairs were range-bound in early European...
November 30th, 2016 | Banking, Company Profiles, Energy, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Market and Geopolitics plot thickens…

Market and Geopolitics plot thickens…
John Faraclas The situation both in the Markets and Geopolitics very soon will get off-hand… John Faraclas’ daily report: The BDI (Baltic Dry Index) closed 18 points higher than yesterday at 1,202; a ray of hope or thickening of the plot…? Time will tell, but one thing is for sure: things are getting...
November 29th, 2016 | Breaking News, Energy, Markets, Reports, Shipfinance, Shipping Indices, Statistics, Stock Markets | Read More

Greece- Upward revision in Q3 GDP growth raises expectations…

Greece- Upward revision in Q3 GDP growth raises expectations…
Global Economic & Market Outlook (29 November 2016) Greece- Upward revision in Q3 GDP growth raises expectations for a slightly positive full-year reading, sizeable carry over into 2017 The Hellenic Statistical Authority published earlier today its provisional national accounts data for Q3 2016....
November 29th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 29, 2016)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 29, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Major currency pairs remained within recent ranges in European trade on Tuesday, ahead of a string of major risk events in the coming...
November 29th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 28, 2016)

Daily Overview of Global Markets & the SEE Region (Monday, November 28, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Oil prices were lower in early European trade on market uncertainty over whether OPEC producers will manage to finalise at the November...
November 28th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 24, 2016)

Daily Overview of Global Markets & the SEE Region (Thursday, November 24, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US dollar continued its upward trend against its major currency peers while Treasury bond yields edged higher in early European trade on...
November 24th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Sovcomflot signs MOU with Sberbank on new USD 180 million credit facility

Sovcomflot signs MOU with Sberbank on new USD 180 million credit facility
Sergey Frank President & CEO of Sovcomflot On 23 November 2016, Sovcomflot and Sberbank signed a memorandum of understanding (MOU) paving the way for a new USD 180 million long-term credit agreement with a term of up to 15 years. On behalf of the parties the MOU was signed by Sergey Frank, Chairman...
November 23rd, 2016 | Banking, News, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 23, 2016)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 23, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Wall Street advanced slightly overnight on better-than-expected US data. Taking their cue from the positive tone in Wall Street overnight,...
November 23rd, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 22, 2016)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 22, 2016)
  Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Brent crude oil price moved higher amid increased expectations for a final agreement over an oil production cut at next week’s OPEC...
November 22nd, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 21, 2016)

Daily Overview of Global Markets & the SEE Region (Monday, November 21, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US 10yr Treasury yield moved modestly lower in early European trade on Monday following a recent string of stronger than expected...
November 21st, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Beware of the Market’s premature euphoria…

Beware of the Market’s premature euphoria…
John Faraclas The BDI is just 1,000 (one thousand) points below December 2013 level, still a long way to go despite the latest  euphoria, as Geopolitics might be the “catalyst” for cataclysmical  events; John Faraclas’ weekly recap: The BDI (Baltic Dry Index) closed with a 26 points plus since...
November 18th, 2016 | Conferences, Seminars, Forums, Energy, Environment, IMO, Markets, Politics and Government, Shipfinance, Shipmanagement, Shipping Centers | Read More

Serbia: Moody’s upgrade on the cards on improving macroeconomic fundamentals

Serbia: Moody’s upgrade on the cards on improving macroeconomic fundamentals
Regional Economics & Market Strategy Focus Note – Serbia – Moody’s upgrade on the cards on improving macroeconomic fundamentals (Friday, November 18, 2016) Moody’s is scheduled to review Serbia’s sovereign credit rating later on Friday. In our view, an upgrade in the long term foreign...
November 18th, 2016 | Banking, Finance, Reports | Read More

Greece Macro Monitor (November 18, 2016)

Greece Macro Monitor (November 18, 2016)
Greece Macro Monitor (November 18, 2016)  Second programme review Important milestones & timeline of key dates and events This report presents the key themes of the current juncture in light of the 2nd programme review, which is well underway and its importance to the Greek economy’s short and...
November 18th, 2016 | Banking, Finance, News, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 18, 2016)

Daily Overview of Global Markets & the SEE Region (Friday, November 18, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: A new bulk of firmer than expected US data and hawkish comments by Fed Chair Janet Yellen exerted renewed upward pressure on US Treasury...
November 18th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

Markets and Geopolitics puzzle stakeholders

Markets and Geopolitics puzzle stakeholders
John Faraclas The BDI (Baltic Dry Index) closed up 86 points earlier on today after another Capers and Panamaxes unprecedented rally, but still, caution should be observed. The Geopolitical uncertainty will begin now to bite; John Faraclas’ daily Market Briefing: With 86 points plus the BDI ended the...
November 17th, 2016 | Banking, Conferences, Seminars, Forums, Energy, Environment, HR, Markets, News, People and Places, Ship Demolitions, Shipping Indices | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 17, 2016)

Daily Overview of Global Markets & the SEE Region (Thursday, November 17, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US Treasury yields were modestly lower in European trade on Thursday with long-dated paper outperforming on softer than expected macro data. On...
November 17th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More

The Determinants of Loan Loss Provisions…

The Determinants of Loan Loss Provisions…
The Determinants of Loan Loss Provisions: An Analysis of the Greek Banking System in Light of the Sovereign Debt Crisis This is latest study on the loan loss provisioning policies in the Greek banking system that has just been published under the London School of Economics, Hellenic Observatory Discussion...
November 16th, 2016 | Banking, Company Profiles, Finance, Insight, Person Profiles, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 15, 2016)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 15, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US dollar gave back some of its recent hefty gains while Treasury bond yields moved lower in European trade on Tuesday despite increased...
November 15th, 2016 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets | Read More