Flag of Greece>

Economy and Banking Sector of Greece

Major Banks of Greece

Rank
1
Total Assets
61,007.00 mln EUR  (-1.41%)
Rank
2
Total Assets
59,361.00 mln EUR  (-8.81%)
Rank
3
Total Assets
57,981.00 mln EUR  (-4.96%)
Rank
4
Total Assets
54,846.00 mln EUR  (-5.41%)
Rank
5
Total Assets
3,528.00 mln EUR  (+5.31%)

#1: Piraeus Bank

Founded in 1916, Piraeus Bank is one of the largest banking groups in Greece, with a strong presence in the Balkans. Operating as a universal bank, Piraeus Bank is particularly focused on medium-sized and small enterprises, agricultural banking, consumer and mortgage credit and green banking, capital markets and investment banking, as well as leasing and factoring.

Piraeus Bank is the 1st largest bank in Greece in terms of total assets. In 2019 its total assets were 61 007,00 mln EUR. In 2019 the bank's net income was 27,00 mln EUR.

Piraeus Bank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is CCC (substantial credit risk). Long-term credit rating assigned to the bank by Moody's is B3 (highly speculative). Piraeus Bank participates in the deposit guarantee scheme of Greece. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#2: National Bank of Greece

Established in 1841, National Bank of Greece is one of the largest financial groups in Greece, with a strong presence in Southeast Europe and Eastern Mediterranean. National Bank of Greece is a universal bank providing a broad range of products and services in the areas of retail, private, corporate and investment banking.

National Bank of Greece is the 2nd largest bank in Greece in terms of total assets. In 2019 its total assets were 59 361,00 mln EUR. In 2019 the bank's net income was 6,00 mln EUR.

National Bank of Greece is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is CCC+ (substantial credit risk). Long-term credit rating assigned to the bank by Moody's is B2 (highly speculative). National Bank of Greece participates in the deposit guarantee scheme of Greece. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#3: Alpha Bank

Alpha Bank is one of the largest banks in Greece, the bank provides a broad range of banking and financial products and services, including retail banking, SMEs and corporate banking, asset management and private banking, the distribution of insurance products, investment banking, brokerage and real estate management.

Alpha Bank is the 3rd largest bank in Greece in terms of total assets. In 2019 its total assets were 57 981,00 mln EUR. In 2019 the bank's net income was 55,00 mln EUR.

Alpha Bank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is CCC+ (substantial credit risk). Long-term credit rating assigned to the bank by Moody's is B3 (highly speculative). Alpha Bank participates in the deposit guarantee scheme of Greece. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#4: EUROBANK S.A.

Established in 1990, Eurobank is a universal commercial bank, offering products and services in retail, private, corporate banking and wealth management to individuals, SMEs and business entities.

EUROBANK S.A. is the 4th largest bank in Greece in terms of total assets. In 2019 its total assets were 54 846,00 mln EUR. In 2019 the bank's net income was 31,00 mln EUR.

EUROBANK S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is WD (withdrawn). Long-term credit rating assigned to the bank by Moody's is B2 (highly speculative). EUROBANK S.A. participates in the deposit guarantee scheme of Greece. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#5: Attica Bank S.A.

Established in 1925, Attica Bank is a universal bank, providing a broad range of banking products and services to individuals, SMEs and large companies.

Attica Bank S.A. is the 5th largest bank in Greece in terms of total assets. In 2019 its total assets were 3 528,00 mln EUR. In 2019 the bank's net income was 400 000,00 EUR.

Attica Bank S.A. is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Caa1 (substantial risks). Attica Bank S.A. participates in the deposit guarantee scheme of Greece. This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also