Search
-
Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
Economyin order for the resulting capital benefits to banks to be incorporated in the ECB-EBA stress tests. According to our initial estimate a month ago, the capital cushion would reach 2.3 billion euros... Equity Tier 1 (CET1) capital. The new legislation related to the conversion of DTA to tax credit, which
3% -
Capital controls to ease further from the beginning of September
EconomyMacroeconomySeptember 1 as part of government moves to further relax the capital controls in place since 2015... to the relevant customs authority. The measures were announced just over two years after capital controls... to gradually lift capital controls in light of improving macroeconomic conditions in Greece. In May
3% -
Capital controls to be loosened further, restrictions on foreign cash removed
EconomyMacroeconomyAdditional measures to ease the capital controls in place in Greece since 2015 were announced... Tsakalotos had approved a decree which sets out several steps to loosen capital controls. It aims... of a roadmap to ease and eventually lift capital controls, announced on May 17, 2017. The roadmap
3% -
BoG sees ample capital space for banks to sell bad loans
EconomyBankingsales of bad loans based on the current capital adequacy in the categories of consumer... of the capital base, changes in provisioning as part of IFRS 9, the upcoming stress tests and the potential capital needs from the implementation of the Minimum Requirements Eligible Liabilities
3% -
New measures to ease capital controls, lift restrictions on opening bank accounts
EconomyMacroeconomyAdditional measures to ease the capital controls in place in Greece since 2015 were announced... capital controls as part of a roadmap to ease and eventually lift the restrictions, announced on May... or natural, for the first time since capital controls were imposed. It will also be possible to add a co
3% -
How Greek banks' capital needs could be reduced by 2.3 bln
EconomyTax Asset (DTA) into tax credit. According to the proposed amendment, Greek banks will have a capital... capital needs. Those requirements are to be identified by the upcoming EU-wide stress tests. The bill...’ capital shortfalls in the ECB stress tests. The DTA recognized in Greek banks’ Q1 2014 financial
3% -
BoG report reveals impact on banks’ capital from NPE reduction and loan sales
EconomyBankingof two important studies that examined the impact on capital ratios from the targeted non-performing..., Greek banks would retain high capital ratios even under a worst case scenario. The analysis... NPE reduction. NPE sales A second study examined the impact on Greek banks’ capital from NPE sales
3% -
Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
EconomyMacroeconomyapplied to the capital controls imposed in the summer of 2015 as the government pushes to abolish them... of currency which constitutes profits and dividends originating from foreign capital invested in Greece... was forthcoming in light of both the ministry’s roadmap to relax and eliminate capital controls
3% -
What lies at the heart of differences over Greek banks' capital needs?
Economyreportedly informed lenders that their capital needs amount to around 5 billion euros, a Financial... that the IMF has estimated Greek banks’ capital needs at 20 billion euros, a figure almost four times... that banks are relying on the media for clues regarding the stress test results, which put capital needs
3% -
Sharp increase for Greek bank provisions in Q2 due to capital shortfall highlighted by ECB
EconomyBankingFollowing the publication of their capital needs resulting from the comprehensive assessment... to 67 percent in Q3 from 63 percent in Q1. On the capital front, the Common Equity Tier 1 (CET1) ratio... reached 60.6 percent in Q3 from 56.5 percent in Q1. Next steps The CA showed a capital shortfall (under
3%