Top 4 Largest Financial Service Companies in Greece
In this post, let's examine some of the largest financial services companies in Greece, ranked by market capitalization. Go directly to other related articles ... read more...on Toplist if you want to see more of the largest financial companies in other regions ranked by market capitalization.
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A banking institution called Eurobank conducts business in Greece, Cyprus, Luxembourg, Serbia, Bulgaria, and the UK. The Eurobank Group had 13,162 workers as of December 2018, €58 billion in assets, and 653 customer service locations in Greece and internationally.
Total net loans at the end of 2015 were €39.9 billion, of which 53.3% of provisions were attributable to non-performing loans, or 43.8%; client deposits were €31.4 billion, and central bank funding was €24.3 billion. [Reference needed] The group's bad loans amounted to €5.7 billion by the end of 2020. Eurobank stated a plan to lower its nonperforming loan index from 14% to 9% in March 2020.
The market capitalization of Eurobank Ergasias Services and Holdings as of April 2023 is $4.96 billion. By market capitalization, this places Eurobank Ergasias Services and Holdings as the 2378th most valuable corporation in the world. The most recent financial reports from Eurobank Ergasias Services and Holdings show that the company's current revenue (TTM) is $2.75 billion. The company's revenue in 2021 was $2.21 billion, down from $2.51 billion in 2020.
Founded: 19 March 1924
Headquarters: Athens, Greece
Website: eurobankholdings.gr -
global banking and financial services provider The National Bank of Greece is based in Athens, Greece. In terms of total assets, it is the biggest Greek bank. 15% of the company's pretax preprovision profits come from Southeastern Europe, with the remaining 85% coming from its operations in Greece. Along with serving private and commercial clients, the firm also provides financial products and services to corporate, institutional, and other clientele.
Banking services, brokerage, insurance, asset management, shipping finance, leasing, and factoring markets are among the available services. As of December 4th, 2018, the group had the third-highest market capitalization of €1.06 billion, making it the largest Greek bank by total assets. After Piraeus Bank, it is the second-largest bank in Greece by deposits. In terms of Greek loan assets, it ranks fourth, after Piraeus Bank, Alpha Bank, and Eurobank Ergasias.
According to the National Bank of Greece's most recent financial reports, the company's current revenue (TTM) is $1.90 billion. In 2021, the company made a revenue of $2.12 billion, a decrease over the year's 2020 revenue of $2.98 billion. As of April 2023, the National Bank of Greece had a market cap of $4.56 billion, making it the world's 2506th most valuable company by market cap.
Founded: 30 March 1841
Headquarters: Athens, Greece
Website: nbg.gr -
According to total assets, Alpha Bank is the fourth-largest Greek bank. In addition to subsidiaries in Cyprus and Romania, it maintains a branch and subsidiary in London, England. It was established in 1879, and the Costopoulos family has been in charge of it ever since.
Prior to his passing on March 9, 2021, Ioannis Costopoulos, the nephew of Stavros Costopoulos and the grandson of the company's original founder, John F. Costopoulos, served in a number of significant roles as the government of Georgios Papandreou's foreign minister. As part of a 2019 investigation into anti-competitive behavior, horizontal agreements, or exclusionary activities in the supply of payment services, Alpha Bank was one of the Greek businesses the authorities raided.
Alpha Services and Holdings' market valuation as of April 2023 is $2.93 billion. According to market capitalization, Alpha Services and Holdings is now the 3169th most valuable company in the world. The most recent financial reports from Alpha Services and Holdings show that the company's current revenue (TTM) is $2.16 billion. The company's revenue in 2021 was $0.48 billion, down from $3 billion in revenue in 2020.
Founded: 10 March 1918
Headquarters: Athens, Greece
Website: www.alphaholdings.gr -
Greek international financial services provider Piraeus Bank has its corporate headquarters in Athens. Since January 1918, Piraeus Bank shares have been traded on the Athens Stock Exchange (ATHEX). The largest bank in Greece has a 30% market share in loans (34.4 billion) and a 29% market share in deposits (54.6 billion). A universal bank offering a range of banking services is Piraeus Bank. A bank that has historically supported SMEs today has expertise in electronic banking, leasing, capital markets, consumer and mortgage finance, green banking, and agricultural banking.
Piraeus Financial Holdings' market capitalization as of April 2023 is $2.88 billion. By market capitalization, Piraeus Financial Holdings is now the 3197th most valuable corporation in the world. The most recent financial reports from Piraeus Financial Holdings indicate that the company's current revenue (TTM) is $2.43 billion. The company generated $2.56 billion in revenue in 2021, an increase from $2.17 billion in 2020.
Founded: 6 July 1916
Headquarters: Athens, Greece
Website: www.piraeusholdings.gr