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When will Greek banks operate as credit institutions again?
Agora-unification era! By contrast, a Greek medium-sized company with the same corporate profile, i.e. export.... But it is not only the exorbitantly high interest rates for funding that serves like a millstone around..., was the expectation of the company’s owners to attain better access to funding options through foreign banks
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorato improve their liquidity profile and restore some of the lost confidence in the sector. Despite... stems from a further reduction in their reliance on the Emergency Liquidity Assistance (ELA) funding... be replaced by cheaper ECB funding. This would have a positive impact on banks’ NII of 76 million
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Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
EconomyProgrammeof the EFSF repayment profile within the current weighted average maturity of up to 32.5 years... tranche of the 2nd Greek programme for the year 2017 and the use of the EFSF/ESM funding strategy... ESM funding costs. He said that the combination of the measures would lead to Greek debt-to-GDP ratio
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingto diversify Alpha’s funding sources, improve its liquidity profile and gradually restore its presence in the market to achieve access to medium-term funding. Alpha said that around one quarter... an SME securitisation transaction achieving medium-term funding of 320 million. The senior notes were
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NBG results show net profits of 602 mln euros in 9M
EconomyBankingthat the imminent launch of the Frontier portfolio would further improve their NPE profile. It is anticipated... of the performing loan book, as well as by the funding benefits from the increased TLTRO exposure..., the underlying CoR came to 99 bps. Eurosystem funding amounted to 10.5 billion in Q3, unchanged QoQ
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Rising bond yields a concern, but not an immediate fiscal problem
Economyto very low levels, with a very favourable maturity profile and a weighted average maturity just short... the most favourable funding conditions in its history. In 2021, Greece completed seven international.... Funding costs were at historic lows, with the 5-year reopening in last September reaching as low as 0.02
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It remains a mystery
Agorapayments on this debt did not perfectly fit the profile of a candidate for debt relief? From a financing... issue and a coupon of 6.25 percent. From that point on it became apparent that funding at sustainable... additional funding of significance to support its banking sector following the restructuring. It is worth
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorawould not even touch with a barge pole. Greece’s debt servicing profile in 2016 is quite benign... government with little choice but to start scraping the bottom of the funding barrel very early... surplus leads to a net financing need of 3 billion. The most probable source of funding while
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Obstacles to centre-left alliance in Greek politics piling up
PoliticsGreek PoliticsPASOK leader Fofi Gennimata is set to begin touring the country to raise the profile of her party... conservatives. The structure of any new alliance also raises the issue of party funding. Scrapping the existing parties and creating a new coalition would mean that PASOK and Potami lose the state funding
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Shaping the post-programme narrative in Greece
Agoracontribute to easing Greece’s debt profile, in particular concerning maturities and interest rates. Eurogroup... contributed roughly 28 billion euros of creditor finance, thereby exceeding Greece’s allocated funding... and matched funding. The proposed bond exchanges and interest rate swaps imply additional costs
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