Greek banks are well positioned to withstand potential international economic shocks, according to the S&P.

Macro/Political:

• The Greek PDMA announced that during the 26W T-Bills auction of EUR 500mn which took place yesterday, the total bids reached EUR 1,058mn and the amount finally accepted was EUR 600mn at a uniform yield of 1.75% (vs 1.74% in the previous 26W T-Bills auction in May 2025).
  Source: PDMA
  

Markets:

• According to S&P, Greek banks are well-positioned to withstand potential international economic shocks, as shown by a broader stress test conducted on 90 European credit institutions. The results indicate that Greek banks specifically Eurobank, National Bank of Greece, and Piraeus Bank, and Bank of Cyprus demonstrate sufficient resilience to a rise in non-performing loans. Under the most adverse scenario pre-tax profits in 2025 are projected to decline by 37% to 48%, a range comparable to that of major European banks.