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Lending to corporations drives credit growth of 11.3 pct YoY in May
EconomyMacroeconomyeuros in April, with strong inflows over the last few months. The outstanding balance was 124.44 billion euros. The corporate lending balance’s net monthly flow was positive by 471 million euros...-financial corporations was up by 204 million euros. The balance stood at 76.55 billion euros. Credit
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Lending to corporations drives strong credit expansion of 10.2 pct YoY in Jun
EconomyMacroeconomyeuros in May, with strong inflows over the last few months. The outstanding balance was 126.05 billion euros. The corporate lending balance’s net monthly flow was positive by 2.36 billion euros...-financial corporations was up by 2.02 billion euros. The balance stood at 78.36 billion euros. Credit
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Newsletter 27 - 22/05/2015
ELA liquidity of 14.5 billion, more than offsetting the additional liquidity arising from... (past due in less than 60 days) as collateral. Bank sources indicate that it is imperative that a deal... in the eurozone. But it is also articulating a diametrically opposite approach than Cyprus when it comes
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A varied set of views on China
Agorafavourable than respective views recorded in other European and western countries. Greek citizens... connotations. Both the content and tone of coverage of China-related news are slightly more negative than... and tone of coverage of China-related news are slightly more negative than positive, but by and large
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IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyfiscal balance, the IMF sees an almost balanced budget in 2018, with a marginal deficit of -0.1... in 2020 and 2021. The budget is seen in complete balance next year. In 2023, the overall balance turns into a deficit of -2.4 percent of GDP. The cyclically adjusted primary balance was an impressive 4.9
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomy. The monthly flow reflects sight additions of 538 million more than offsetting time outflows of 122 million... data. This corresponds to a total stock of 66 billion loans that are past due for more than 90 days..., for the first time since May, with balances reaching 161.04 billion euros, according to the Bank of Greece
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Current account surplus reaches 1.68 bln in July thanks to services
EconomyMacroeconomyGreece's current account (C/A) balance posted a surplus for the second straight month in July.... The strong C/A surplus posted in July turned the year to date C/A balance to a surplus of 567...-off SMP income of 1.5 billion recorded last year, the underlying C/A balance improvement stands
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Alpha Bank profits at 41 mln in Q3, reach 53.3 mln in 9M
EconomyBankingof a portfolio of retail unsecured NPLs with an outstanding balance of 2.1 billion and outstanding principal... includes the disposal of repossessed assets of an on-balance sheet gross book value of 56 million euros.... Balance Sheet Eurosystem funding fell by 1.7 billion in QoQ to 4.2 billion at the end of September
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Deposits up again in December but credit contraction continues apace
EconomyMacroeconomydeductions of 139 and 110 million respectively more than offsetting additions of 76 million in the sole... official data. This corresponds to a total stock of 66 billion loans that are past due for more than 90... month in December with balances reaching 163.25 billion euros, according to the Bank of Greece (BoG
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Greek deposits down 0.3 pct in Feb, credit contraction stable
EconomyMacroeconomymore than counterbalancing the coincidental inflows of 2.35 billion recorded in December. The monthly negative flow reflects savings and sight outflows of 323 and 269 million respectively more than...Greek private sector deposits fell 0.3 percent month on month (MoM) in February, with balances
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