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EconomyMacroeconomy
Greek banks' Eurosystem funding rises again in November, up by 1 bln Greek banks’ Eurosystem funding increased for the second straight month in November, when it rose by 1 billion euros, according to the Bank of Greece's (BoG) monthly financial statement on Wednesday.
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Economy
What are SYRIZA's plans for Greek banks if it comes to power? The possibility of the government failing to elect a president and subsequent snap elections leading to the formation of a SYRIZA or SYRIZA-led government has brought the leftist party's plans for Greek banks into sharp focus.
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EconomyMacroeconomy
Greek loan rates remained well above euro area average in October The interest rate on households’ new time deposits was further reduced by 14 basis points (bps) to 1.94 percent in October, according to the Bank of Greece (BoG). This was the first reading below the 2-percent mark since Greece’s accession in the eurozone in 2002.
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EconomyMacroeconomy
Greek deposits down 0.2 pct in October after seven months of rises Following a rise in the preceding seven months, Greek private sector deposits fell by 0.2 percent month on month (MoM) in October. Balances reached 164.5 billion euros, according to the Bank of Greece (BoG).
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EconomyMacroeconomy
Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011 The rate of credit contraction in Greece decelerated to 3.2 percent in October from 3.5 percent in September, according to the Bank of Greece (BoG). This was the lowest negative reading since December 2011.
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EconomyBanking
Piraeus Bank posts net loss of 1.56 bln in Q3 Piraeus Bank posted a net loss of 1.56 billion euros in the third quarter (Q3) of 2014 from a profit of 164.3 million in Q2, according to results published late on Tuesday.
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EconomyMacroeconomy
Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall Following a drop in the preceding five months, Greek banks’ Eurosystem funding rose by 1.28 billion euros in October, according to the Bank of Greece's (BoG) monthly financial statement.
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EconomyBanking
Eurobank reports loss of 186.6 mln in Q3 Eurobank reported a net loss of 186.6 million euros in the third quarter (Q3) from 301.1 million in Q2.
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EconomyBanking
National Bank posts 9-month profits of 1.18 bln National Bank (NBG) posted nine-month (9M) net profits of 1.18 billion euros, from 262 million last year, the lender announced on Thursday.
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EconomyBanking
Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct Alpha Bank reported on Tuesday a nine-month (9M) net profit of 110.3 million euros from 3.13 billion last year.