ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come

Economy Tags: Banking, ECB
Photos by Dennis Skley via Flickr
Photos by Dennis Skley via Flickr

The ECB’s Single Supervisory Mechanism (SSM) announced on Saturday the outcome of the comprehensive assessment of Greek banks, which consisted of an Asset Quality Review (AQR) and a stress test under a baseline and an adverse scenario.

NBG capital needs were the third highest at 1.58 billion and 4.6 billion under the baseline and the adverse scenarios.

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