Bank of Greece designates four systemically important banks for 2026 and keeps 2027 buffers unchanged

The Bank of Greece designated Alpha Bank S.A., Eurobank S.A., National Bank of Greece S.A. and Piraeus Bank S.A. as other systemically important institutions (O-SIIs) for 2026 on both solo and consolidated bases. It kept their O-SII buffer rates unchanged for 2027, with the requirements taking effect on Jan. 1, 2027. Eurobank will be subject to a 1.25% buffer on a consolidated basis and a 1.00% buffer on a solo basis. Alpha Bank, National Bank of Greece and Piraeus Bank will each face a 1.00% buffer on both solo and consolidated bases. The designations reflect scores for size, importance to the Greek and European Union economies, cross-border activity and interconnectedness, with institutions scoring above 350 basis points classified as O-SIIs.