Eurobank Ergasias Services And Holdings SA (FRA:EFGD)
€ 2.025 0.01 (0.5%) Market Cap: 7.48 Bil Enterprise Value: -2.22 Bil PE Ratio: 5.68 PB Ratio: 0.86 GF Score: 67/100
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Q1 2023 Eurobank Ergasias Services and Holdings SA Earnings Call Transcript

May 17, 2023 / 03:30PM GMT
Release Date Price: €1.4 (+5.38%)
Operator

Ladies and gentlemen, thank you for standing by. I'm Poppy, your Chorus Call operator. Welcome and thank you for joining the Eurobank Holdings Conference Call to Present and Discuss the First Quarter 2023 Financial Results. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Fokion Karavias, CEO. Mr. Karavias, you may now proceed.

Fokion C. Karavias
Eurobank Ergasias Services and Holdings S.A. - CEO & Executive Director

Thank you, ladies and gentlemen. Good afternoon, and welcome to the Eurobank first quarter 2023 results presentation. Together with me is our CFO, Harsuorelanis, and the Investor Relations team. We will start with some key recent developments, then present our results and, of course, answer your questions. The economic environment remains benign in Greece as well as in our 2 other core markets, Bulgaria and Cyprus.

The Greek economy shows higher growth and lower inflation than the European average. We expect GDP growth to exceed 2.5% for 2023 as economic sentiment remains strong, support

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