Case Studies

The Hellenic Telecommunications Organization (OTE) partnered with a major Norwegian telecoms company (TELENOR) forming the company that would operate as the 3d MNO in Greece, COSMOTE.

The Post Savings Bank (PSB), a limited scope financial institution that before its separation from Hellenic Post Organization comprised its financial services arm, was an entity under the responsibility of the Ministry of Transport providing primarily savings deposits individuals and housing loans to civil servants.

Agricultural Bank, one of the largest in assets Greek banks met its biggest challenge when following deregulation of the banking sector had to undergo a total overhaul of its business and operating model away from its state-oriented establishment within the banking system.

The leading Greek systemic Bank at the time, while being listed to a major international Stock Exchange was asked to improve significantly major and critical aspects of its business model, namely giving priority to the Credit Function and the Branch Network.

As all European Banks, Greek systemic banks had also to deal with the significant issue of the huge Non Performing Exposures (NPEs) accumulating in their Balance Sheets, harming their key financial ratios and threatening their viability as a result of the global financial crisis of the late 2000s.