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  1. Piraeus Bank raises 1.38 bln in share capital increase
    Photo by MacroPolis

    EconomyBanking

    ”. The capital increase is a central plank of Piraeus Bank’s balance sheet clean-up plan, which includes a raft... platform and the synthetic securitisation of select on-balance sheet performing loan portfolios. All... that the capital increase will enable the bank to pursue “a definitive balance sheet clean-up

    4%
  2. Deposits rose by 1.66 bln in March to highest since 2012
    Image via www.nbg.gr

    EconomyMacroeconomy

    on Thursday. The outstanding balance of private sector deposits increased to 164.8 billion euros, reflecting... deposit movement took the aggregate balance for the year so far to an increase of 1.21 billion euros... aggregate balance is attributed to savings inflows of 2.79 billion euros combined with sight

    4%
  3. Deposits rose by 2.96 bln in April; biggest increase in four months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) figures revealed. The outstanding balance of private sector deposits increased to 167.8 billion euros... euros. The latest deposit movement took the aggregate balance for the year so far to an increase... billion euros. The latest aggregate balance is attributed to sight inflows of 4.38 billion euros combined

    4%
  4. Deposits edged up further as they rose by 359 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    revealed. The outstanding balance of private sector deposits increased to 168.1 billion euros... deposit movement took the aggregate balance for the year so far to an increase of 4.68 billion.... The latest aggregate balance is attributed to sight inflows of 5.22 billion euros combined with savings

    4%
  5. Deposits rose by 1.84 bln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    revealed. The outstanding balance of private sector deposits increased to 171.7 billion euros, reflecting... deposit movement took the aggregate balance for the year so far to an increase of 8.14 billion euros... aggregate balance is attributed to sight inflows of 8.32 billion euros combined with savings inflows

    4%
  6. July travel surplus of 2.14 bln affirms comeback for tourism sector

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 2.14 billion euros in July, from 610.2 million a year... to Bank of Greece (BoG) data released on Tuesday. Despite the impressive annual recovery, the balance... to 419.5 million, which took the overall travel balance to 2.96 billion, reflecting a rise of 242

    4%
  7. Banks moving at pace on road to recovery

    EconomyBanking

    debt crisis that damaged their balance sheets. In the latest official data on bad loans on the banks’ balance sheets released by Bank of Greece last week, the stock of NPEs on the banks’ books dropped... issue in the balance sheets, Fitch at the beginning of the month upgraded the senior preferred debt

    4%
  8. Deposits rise by 1.48 bln in Aug as year to date increase exceeds 10 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    ) figures released on Monday. The outstanding balance of private sector deposits increased to 173.24.... This is the highest private sector deposits balance since December 2011. A breakdown of the figures... the aggregate balance for the year so far to an increase by more than 10 billion euros. Total deposits, which

    4%
  9. More lost ground made up in Aug as travel surplus nears 3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 2.97 billion euros in August, from 1.32 billion euros... doubled, the balance is well below the 3.87 billion euros seen in July 2019. Receipts came to 3.11... took the overall travel balance to 5.97 billion, reflecting a rise of 173 percent YoY, however, short

    4%
  10. Deposits rise by 443 mln in Sep, but flow drops significantly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , from 13.9 pct seen in August. The outstanding balance of private sector deposits increased... euros. The latest deposit movement took the aggregate balance for the year so far to an increase by 10.6 billion euros. This is the highest private sector deposit balance since November 2011

    4%