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UBS and HSBC have issued fresh positive assessments on Greek banks.
UBS and HSBC have both recently upgraded price targets for major Greek banks.
KEY POINTS
- Greek banks are still valued at a discount compared to other European banks, per UBS and HSBC.
- HSBC cites new revenue from insurance and acquisitions as key to Greek banks' profitability diversification.
- Potential upgrade of Greece’s stock market to developed status could attract significant institutional investment.
COMPANIES
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