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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 787 |
Essay's paper body
Institutions such as NovaBank, Omega, and Pro Bank are taking advantage of new products and services that were not available in the Greek market just a decade ago.
The government has indicated its desire to further privatize state-controlled banks, and both domestic and foreign investors are seen as potential players in this market...
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Today, many Greek banks have alliances with non-Greek institutions and this trend is expected to continue. Greek bank shares have rallied this year, as spending ahead of the Olympic Games and record low interest rates spur demand for loans, while investors anticipate more mergers and acquisitions in the banking industry as the government trims holdings in state-run lenders, opening the door to further consolidation...
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