Last €0.17 EUR
Change Today 0.00 / 0.00%
Volume 0.0
TT On Other Exchanges
Symbol
Exchange
TT is not on other exchanges.
As of 11:10 AM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).

tt hellenic postbank s.a. (TT) Snapshot

Open
--
Previous Close
€0.17
Day High
--
Day Low
--
52 Week High
10/30/13 - €0.17
52 Week Low
10/30/13 - €0.17
Market Cap
47.8M
Average Volume 10 Days
0.0
EPS TTM
€-1.93
Shares Outstanding
284.5M
EX-Date
06/14/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TT HELLENIC POSTBANK S.A. (TT)

Related News

No related news articles were found.

tt hellenic postbank s.a. (TT) Related Businessweek News

No Related Businessweek News Found

tt hellenic postbank s.a. (TT) Details

As of August 30, 2013, TT Hellenic Postbank S.A. was acquired by Eurobank Ergasias S.A.. TT Hellenic Postbank S.A. provides various retail and corporate banking products and services to individuals and businesses in Greece. The company’s deposit product line includes savings accounts, current accounts, sight accounts, time deposits, and foreign currency deposits; and loan products comprising home loans, student loans, consumer loans, loans on pledge, and personal loans. It also provides various investment products, such as domestic balanced mutual funds, government securities, and savings-investment accounts; involves in executing payments and funds transfer, as well as in financing overseas trade; and engages in safeguarding, organizing, and managing various kinds of movable assets, securities, financial products, and assets for the account of third parties. In addition, the company engages in the issuance and management of the means of payment, including credit cards, travelers’ checks, and letters of credit; provides underwriting, capital structure and corporate strategy, mergers, and disintegration and acquisition services; and issues and distributes securities. Further, it offers financing restructuring purification services, including corporate factoring services, information regarding credit worthiness, leasing of safe deposit boxes, and pawnshop services. Additionally, the company provides intermediary services in the interbank market consisting of leasing and prepaid cards, as well as transactions on behalf of the institution or its clientele that refer to financial market instruments, exchanges, future contracts or options, interest rate and currency swaps, and securities. As of December 31, 2009, its branch network comprised 146 branches located in 67 cities in Greece. TT Hellenic Postbank S.A. is headquartered in Athens, Greece.

2,486 Employees
Last Reported Date: 11/29/11
Founded in 1900

tt hellenic postbank s.a. (TT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

tt hellenic postbank s.a. (TT) Key Developments

Greece To Divest Hellenic Postbank And Proton By Mid-July

Greece plans to divest TT Hellenic Postbank S.A. and New Proton Bank SA by mid-July, 2013. Greece is recapitalizing its four big banks and winding down others in order to improve the sector's capacity to fund the economy. Hellenic Postbank and Proton were split into "good" and "bad" parts and are owned by the Hellenic Financial Stability Fund. The recapitalization of National Bank of Greece SA (ATSE:ETE), Alpha Bank A.E. (ATSE:ALPHA), PIRAEUS BANK Société Anonyme (ATSE:TPEIR) and Eurobank Ergasias S.A. (ATSE:EUROB) is expected to be closed by June 14, 2013. They would raise at least 10% from private investors through share offerings and rest of the funds will be provided by HFSF rescue fund. By mid-July authorities will form a comprehensive strategy to further consolidate the banking sector and privatize banks falling under Hellenic Financial Stability Fund control. After this merger among the four core banks will be considered.

Greece to Reduce Workforce at TT Hellenic Postbank S.A

TT Hellenic Postbank S.A. will initially take on all the staff of the old entity and then offer voluntary redundancies to reach its target of a 30% cut in workforce. Greece decided to split the Hellenic Postbank into two after efforts to sell it failed. It was decided that the good bank with the sound assets and deposits would operate as New Hellenic Postbank, and the bad part would be liquidated. The 44% government owned bank plans to shed 3,200 employees through the voluntary redundancy scheme.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TT:GA €0.17 EUR 0.00

TT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for TT.
View Industry Companies
 

Industry Analysis

TT

Industry Average

Valuation TT Industry Range
No financial data is available for TT.

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TT HELLENIC POSTBANK S.A., please visit www.ttbank.gr. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.