Banking
Nouy voices concern about impact of uncertainty on banks, rebuffs capital concerns
In an interview with Skai TV on Wednesday, the head of the Single Supervisory Mechanism (SSM) Daniele Nouy confirmed that the first two months of the year were “a little bit disappointing” regarding both the deposit flow and the evolution of non-performing exposures (NPEs) of Greek banks.
Piraeus Bank appoints new CEO, ending a long period of uncertainty
Piraeus Bank announced on Wednesday evening that Christos Megalou was unanimously elected as CEO by the bank’s Board of Directors.
BoG reveals figures for repatriation and banknotes returning to banking system
In 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.
Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank of Greece (BoG) revealed.
Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
The impact from the restructuring of the Greek banking system during the crisis years was depicted in the figures provided by the Hellenic Bank Association (HBA) on Friday.
BoG report reveals impact on banks’ capital from NPE reduction and loan sales
In its latest overview of the Greek financial sector, Bank of Greece (BoG) presented the outcome of two important studies that examined the impact on capital ratios from the targeted non-performing exposure (NPE) reduction and potential NPE sales.
Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
Following the notable rise of 11.3 percent in the second half of 2015, the total number of payment cards in the Greek market rose by 3 percent in the first half of 2016 compared to the previous 6-month period and stood at 14.6 million at the end of June, the Bank of Greece said in its second semi-annual overview of the Greek financial sector.
In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
Bank of Greece (BoG) published on Thursday the second issue of its semi-annual overview of the Greek financial sector and provided an update on the key banking figures, mostly related to loan quality, in the first half of 2016.
Greek banks conclude series of corporate actions as part of restructuring
Greek banks concluded a number of corporate actions in the last month of 2016 as part of the implementation of their restructuring plans, which includes disposal of non-core assets and focus on specific markets.
HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
The Hellenic Financial Stability Fund (HFSF) posted net losses of 1.25 billion euros in the 9-month period of 2016 from 8.89 billion a year ago, its interim financial report showed on Friday.