EFG Eurobank Ergasias SA ADR (EGFEY)

[BeachKing]

This is looking really good. Use google translate and read some of the news on this bank, honestly I feel very lucky to have made the switch to EGFEY from NBGIF. Eurobank is 1) Proactive in getting rid of the NPL's 2) Working to become profitable 3) Has a STRONG gameplan with a 3 year goal 4) NOT waiting for a handout from the EU.

They are now the Number One Bank in Greece by reduction of their NPL's and will be the most profitable by assets based on the Purchase of Piraeus Bank in Bulgaria and the merger with Grivalia.

See for yourself, go translate some of this stuff. Its coming around much faster now!

https://www.mikrometoxos.gr/ena-brilliant-deal-kai-10-1-logoi-gia-toys-opoioys-oi-metochoi-tis-eurobank-prepei-na-einai-dipla-charoymenoi/

^There are other good articles but I thought this was a good read.