As the world emerges from the pandemic and Europe tries to deal with the effects of the Ukraine crisis and the energy crisis, 2022 will be a crucial year for the Greek banking sector. Buoyed by EU resources, and the promise of investments and reforms under the National Recovery and Resilience Plan, the growth outlook is positive.
Challenges remain as key institutions look to adapt their business model to mitigate emerging operational and regulatory developments, reduce their loan exposures and capture new income streams in an environment of continued local and global economic uncertainty.
What are the new opportunities and risks for Greek banks in the next years? What is the outlook for the Greek economy as the immediate impact of Covid-19 recedes? And what is the role of the financial sector in stimulating recovery? As the country’s SMEs and corporate sector search for greater support, is it possible to kick-start bank lending again or are bad-loan books hindering progress, despite the state’s Hercules Asset Protection Scheme? How important is digital investment to future profitability, especially given the arrival of new fintech entrants, and how will this be funded? Will Greek banks play a leadership role in funding a sustainable, ESG-friendly, recovery?
Policy makers, senior bankers and thought leaders, Money Review journalists and keynote speakers from international and local institutions discuss the prospects of banking as the Greek economy starts to revive post-Covid-19, debate the immediate economic priorities and explore growth opportunities.
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