GREEK BANKS ARE eagerly expanding into foreign markets. “Everybody who’s anybody is in the Balkan region,” says Paula Hadjisotiriou, CFO of EFG Eurobank, the second-largest bank in Greece. For many Greek banks, the domestic market has not been the exciting story for some time.
More than a decade ago, as the small Greek market started to show signs of slowing growth, leading banks made their cross-border moves into countries such as Albania, Bulgaria, Serbia, the former Yugoslav Republic of Macedonia and Romania.
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