Local lenders continue to converge with their European peers after restoring their capital positions and emerging among the most profitable lenders in Europe, supported by stronger performance than the eurozone average and a marked improvement in return on equity (RoE), according to a recent report by the European Central Bank.

Data from the European Central Bank (ECB) and the Bank of Greece show that domestic lenders now outperform the euro zone average across several key metrics,

Local lenders continue to converge with their European peers after restoring their capital positions and emerging among the most profitable lenders in Europe, supported by…