MERGERS AND ACQUISITIONS INVESTMENTS OF THE GREEK SYSTEMIC BANKS DURING THE LAST 20 YEARS. A FINANCIAL ANALYSIS

Authors

  • Dr. Kyriazopoulos Georgios Dr. Associate Professor Vice President of Department of Accounting and Finance, University of Western Macedonia, Kozani, Greece Vice President of International Conference of Development and Economy (I.CO.D.ECON)
  • Kotoulas Ioannis Msc Accounting and Auditing Department of Accounting and Finance University of Western Macedonia, Kozani, Greece

DOI:

https://doi.org/10.51594/farj.v5i11.618

Abstract

The banking system of any country is the engine for the development of the national economy. The purpose of this dissertation is the analysis through the use of numerical indicators of the financial situation of the four largest Greek banks (National Bank of Greece, Alpha Bank, EFG Eurobank Ergasias, Piraeus Bank) and their evaluation for the period 2003-2021. This period is critical, as it includes years before and after Greece's entry into the financial crisis. Therefore, the present analysis and its results are very important for the viability and future of Greek banks, especially in the current conditions of uncertainty.This paper is an attempt to analyze and evaluate the investment activity of Greek banks through the mergers and acquisitions that they carried out in the last decade after the advent of the euro, i.e. before and after the financial crisis, which invaded Greece essentially in the year 2010

Keywords:  Banks, Investments, Mergers and Acquisitions, Financial Ratios.

JEL classification: G21, G33, G34.

Published

2023-11-29

Issue

Section

Articles