Tags
Banking
RSS-
Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyGreek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement revealed on Monday.
-
Multiple potential benefits await Greece if it can clinch QE eligibility
By:
EconomyFeaturesIf it manages to conclude the second review, Athens has its heart set on the inclusion of Greek government bonds (GGBs) in the European Central Bank’s quantitative easing (QE) programme, which requires the eurozone central bank to deem Greece’s debt sustainable.
-
Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingPiraeus Bank announced on Wednesday evening that Christos Megalou was unanimously elected as CEO by the bank’s Board of Directors.
-
Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyThe new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight month and landed at 0.69 percent in January, Bank of Greece (BoG) figures showed on Friday.
-
Greece and creditors dive into details of measures and counter-measures
EconomyProgrammeThe second day of negotiations between the Greek government and the institutions’ mission chiefs included a lengthy (4-hour) meeting on the measures and counter-measures that will be legislated now and implemented until 2020.
-
Eurosystem funding drops at sharper pace of 3.6 bln in Jan
EconomyMacroeconomyGreek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed on Wednesday.
-
Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market accelerated to 1.6 percent in January after remaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday.
-
Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
EconomyMacroeconomyThe Greek market recorded outflows of 1.53 billion euros in January after the seasonally high inflows of 2.8 billion in December, Bank of Greece (BoG) figures revealed on Tuesday.
-
BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankingIn its annual report published on Friday, the Bank of Greece (BoG) provided more details on the evolution of Greek banks’ deposits since the imposition of capital controls at the end of June 2015.
-
BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyIn its annual report published on Friday, the Bank of Greece (BoG) called for a return to normality through the successful conclusion of the second programme review.