Morgan Stanley: Greece Leads Credit Growth in Europe
5 Articles
5 Articles
Analysts believe that strong investment activity and increased demand for financing create one of the most favorable environments in Europe for Greek banks.
Morgan Stanley has a positive outlook for European banks, with Greece among the markets that stand out. The American firm sees room for further growth in the sector, as stronger investment and faster credit growth create a more favorable environment for bank profits. In the Eurozone, corporate loan growth reached 3.6% year-on-year in the second quarter, while PMI indicators support the estimate for credit growth of around 5%. Morgan Stanley expe…
Morgan Stanley reinforces its positive stance on Greek banks. While significantly raising target prices, it also adds Alpha Bank to its top European picks as it sees strong prospects for profitability and credit expansion. The US House considers Greece to have one of the strongest loan growth dynamics in Europe. For this reason, it declares “bull” for the four systemic banks and increases its exposure to the sector. New target prices for banks F…
Morgan Stanley is positive on European banks, with strong prospects for Greece and higher target prices for Greek banks.
Morgan Stanley adds and highlights Alpha Bank's stock to its top European banking choices, placing the strong momentum of credit expansion in Greece at the center of its investment strategy.
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- 100% of the sources lean Right
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