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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingand 16 million of lower Tier I (hybrid) securities. The exchange offers to bondholders two options
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Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound
Economyand subordinated debt as well as lower Tier I securities. The bank aims to boost its capital base
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBankingto positive territory in Q3. Lower deposits resulted in a deterioration in the loan to deposit ratio
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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgramme-debt funds. Instead, they favour maturity extensions with lower annual interest payments
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Piraeus Bank reveals mitigating actions aimed at reducing size of capital increase
EconomyBankingto the preliminary results submitted to the SSM. 6) Lower charges by 81 million euros for the derivative exposures
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Marginal changes in loan and deposit rates in Sept
EconomyMacroeconomylower loan and deposit rates led the average spread of Greek banks down by a modest 2 bps to 4.10
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This is what the ECB’s comprehensive assessment tells us about Greek banks
Agora. AQR The direct AQR impact on CET1 reflecting higher non-performing exposures (NPEs) as well as lower
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Meimarakis seen as clear frontrunner with New Democracy leadership vote approaching
PoliticsGreek Politics782,000 conservatives who voted in the 2009 leadership election. The party is expecting a much lower
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyby 2.7 percent. Greece is expected to remain in deflationary territory in 2015 as lower oil prices
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Greek banks' equity raising could keep official support to a minimum
Economyof 55 million compared to the preliminary results submitted to the SSM and lower charges by 81
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