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Greece’s dramatic year reflected in ATHEX 2015 results
Economy, a reduction of 25.9 percent. The total consolidated revenue mounted to 33.7 million compared to 45.1 million after subtracting the Hellenic Capital Market Commission fee, representing a reduction of 25.4... the year, the extended bank holiday and capital controls which contributed to a 23.6 percent drop
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Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBankingpaid to BoG a total of 914.6 million euros in 2015 as interest expense for ELA funding, compared... will make it the first Greek bank with zero reliance on any of the three pillars of the capital..., capital support was provided to Greek banks in the form of preferred shares, while the second pillar
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Newsletter 84 - 29/07/2016
to run a national TV stations, while the total advertising revenues available are currently at around...Capital controls eased Banks urged to proceed with loan restructuring Following the approval... of measures easing capital controls in the Government Gazette. The most important relates
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Newsletter 89 - 23/09/2016
of the total index. The turnover for both the domestic and non-domestic markets displayed similar trends... in capital goods grew at the double-digit rate of 14.4 percent, with consumer durables and intermediate... to lower net transport receipts, mainly attributed to capital controls. Travel receipts fell
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Alpha and NBG complete sales of hotels
EconomyBankingbillion euros, corresponding to 6 percent of its total assets. Both in absolute terms and relative... debt, which amounts to 67 million. Alpha said that the transaction is capital neutral. Its Common... (HRADF) that resulted after a recent capital increase. According to reports, Apollo Investment
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomy. This entails a total value for 100 percent of ADMIE at 1.33 billion. PPC held an extraordinary... of a 51 percent stake in ADMIE to that company, the reduction of PPC share capital and a capital return... estimated value stands at 491.84 million euros and this amount would constitute the share capital
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PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomywith collateral of a total amount of 300 million euros.” The collateral will include, among others... to that company, the reduction of PPC’s share capital and a capital return in kind to its shareholders (carve... to the holding company stands at 491.84 million euros and this amount would constitute the share capital
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Stocks up by 4.7 pct, rising for third straight week
Economyshare capital surpassed the 5-percent threshold and stood at 5.023 percent. Folli-Follie Group (FFG) announced that its BoD chairman Dimitris Koutsolioutsos sold 1.15 million shares (172 percent of total... of capital controls on Thursday, recording the longest positive streak (13 gaining sessions in a row
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Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingand the issuance of Tier II bonds, in favour of the Greek state, which count in the total regulatory capital... by 0.5 percent QoQ to 66.8 million, driven by fees from lending, network, capital markets and mutual...-to-date basis. Capital The phased-in Common Equity Tier 1 (CET1) ratio edged down to 15.1 percent in Q3
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IFRS 9 provisions required by banks in line with expectations
EconomyBankingfor NBG. The total impact on capital adequacy is seen at 230 bps for Alpha, 290 bps for Eurobank, while... for any, if at all, capital injections. The process for Greek banks had to be accelerated to ensure... of required provisions in the first three years. As such, the immediate capital impact for Greek lenders
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