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Deposit flow turns negative again in April with outflows of 139 mln
EconomyMacroeconomyThe deposit flow in the Greek banking system turned negative again in April, with outflows of 139 million following inflows of 278 million in the previous month, Bank of Greece (BoG) figures showed on Monday.
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Greek SMEs struggle most for finance versus eurozone peers
EconomyMacroeconomyThe latest ECB semi-annual survey on access to finance for eurozone enterprises showed that Greek SMEs continue to face some of the biggest hurdles.
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Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBankingPiraeus Bank trimmed its net losses to 6 million euros in the first quarter (Q1) of 2017 from 12 million in the previous quarter.
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingThe National Bank of Greece (NBG) posted net profits of 5 million euros in the first quarter (Q1) of 2017, compared to 73 million in the previous quarter.
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankingEurobank's Q1 results reported net profits of 36.5 million euros, slightly lower than the Q4 2016 figure of 38.3 million.
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Finance Ministry publishes roadmap for relaxation of capital controls
EconomyMacroeconomyThe Finance Ministry (MoF) published the roadmap for the relaxation of capital controls on Monday afternoon, one of the 140 prior actions the government has to implement in the context of the second programme review.
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Eurosystem funding down by 535 mln in April, ELA falls for second straight month
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the 22nd straight month, albeit the drop of 535 million euros in April is the lowest in this series, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
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Deposit flow turned positive in March, with inflows of 278 million
EconomyMacroeconomyThe Greek banking system posted deposit inflows of 278 million euros in March, following outflows of 750 million in the previous month, Bank of Greece (BoG) figures revealed on Monday.
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Credit standards and demand for corporate, household loans stable in Q1
EconomyMacroeconomyCredit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2017, in line with earlier expectations, Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday.
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Eurosystem funding falls by 2.2 bln in March, ELA drops after brief rise in Feb
EconomyMacroeconomyGreek banks’ Eurosystem funding remained on a downward trend for the 21st successive month in March, falling by 2.2 billion following a slower drop of 1.13 billion in the previous month, Bank of Greece's (BoG) monthly financial statement showed on Tuesday.