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  1. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    eligible collaterals in the form of pillar II bonds. The bank’s Basel III Common Equity Tier 1 (CET1

    10%
  2. How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    Economy

    essentially relates to a 10 percent annual dividend on Greek banks’ state preference shares (pillar I

    10%
  3. Why Greece is asking for 1.2 bln back from the EFSF

    Agora

    essentially related to a 10 percent annual dividend on Greek banks’ state preference shares (pillar

    10%
  4. Tsipras eyes movement on EEZ after second Greece, Cyprus and Egypt pact
    Photo by MacroPolis

    PoliticsForeign Policy

    -terrorism and defence issues. Tsipras described the agreement as a step towards strengthening a “pillar

    10%
  5. Newsletter 27 - 22/05/2015

    Newsletters

    liquidity. Such funding tools mainly involve the issue of additional pillar II bonds (by another 40

    10%
  6. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    and utilisation for liquidity purposes of pillar II bonds. The second non-budgeted item is the revenues

    10%
  7. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    . In addition, the current utilisation of pillar II guarantees stands at 9.4 billion. The Basel III

    10%
  8. Newsletter 31 - 19/06/2015

    Newsletters

    for the part of their funding collaterals (bank bonds) that are issued using pillar II guarantees. From

    10%
  9. Referendum call finds Greek banks teetering on the edge
    Photo by MacroPolis

    Economy

    will happen if ECB decides that pillar II bonds (with nominal value at 43.7 billion at the end of April

    10%
  10. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    by Greek banks for using state guarantees in the form of pillar II bonds as collaterals for Emergency

    10%