Stock index futures rose on Monday, indicating the S&P 500 would rebound from its biggest loss of the year, as Greece's parliament approved strict financial reforms needed to obtain its latest international bailout package.

The European banking shares index <.SX7P> gained 1.1 percent, led by a 10.1 percent jump in the National Bank of Greece SA , on acceptance of the deal, which had sparked widespread rioting in Athens. The euro gained 0.4 percent against the dollar. <.EU>

Bank of America Corp climbed 2.1 percent to $8.24 in New York premarket trade and Citigroup Inc advanced 2 percent to $33.59.

The parliament approved the austerity package, and green lights are flashing because of that, and it's a step in the right direction in terms of Greece getting the second tranche of this money, said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

But the uproar, the social unrest, is something that is probably going to limit gains today.

Even with parliamentary approval, the Greek government remained under pressure to convince a skeptical euro zone that it would stick to the terms of a multi-billion-euro rescue package.

S&P 500 futures rose 9.6 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 83 points, and Nasdaq 100 futures added 16.5 points.

Shares in Asia also moved higher on the Greek agreement.

Apple Inc raised the stakes in an intensifying global patent battle with Samsung Electronics <005930.KS> by targeting Samsung's latest model using Google Inc.'s fast growing Android software, a move that may affect other Android phone makers. Apple shares were up 1.1 percent to $499 in premarket trade.

Prudential Financial Inc

, the No. 2 U.S. life insurer, hired Bank of America Merrill Lynch to advise on its possible bid for ING Groep NV's Asian insurance operations, South Korean media reported, in what is potentially Asia's second-biggest insurance sale ever.

Industrial conglomerate United Technologies Corp is reviewing the possibility of selling its flow and compressor businesses that could fetch a combined $3.5 billion, people familiar with the matter said.

Google is expected to win approval from European regulators, as well as from U.S. antitrust authorities, for its planned $12.5 billion purchase of Motorola Mobility , according to people familiar with the matter.

As earnings season moves into its final stages, 51 companies in the S&P 500 are scheduled to report results this week. According to Thomson Reuters data through Friday, of the 352 companies in the benchmark index that have released results, 63 percent have beat analyst expectations.

President Barack Obama is scheduled to submit to the U.S. Congress his fiscal 2013 budget proposal, which attempts to chart a fiscal path for the next 10 years.

(Reporting By Chuck Mikolajczak; Editing by Padraic Cassidy)