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Eurobank’s NPL sales take major step with two transactions
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Greek banks maintain focus on key areas as elections approach
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Card usage gains traction with debit cards leading the way, BoG finds
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Piraeus Bank issues Tier II bond to strong demand
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
Trust in Greek banking system shaky, survey suggests
The second intermediate step involves the full liberalisation of cash withdrawals for both individuals and companies in successive steps, along with an increase in the limit for overseas money transfers. The key conditions include faster improvement in all conditions described in the first intermediate step.
The milestones eventually leading to the full relaxation of capital controls involve strong confidence in the banking sector, reflected in an increase in deposits and bank access to markets for long-term financing. They also include continued NPE reduct...
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