Search
-
Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingcontributing 695 million. Balance Sheet Customer deposits grew to 49.6 billion euros at the end of 2020... with the losses arising from this balance-sheet cleanup, the bank is moving forward with a 1 billion-euro... platform and the synthetic securitisation of select on-balance sheet performing loan portfolios
5% -
Deposits rose by 741 mln in February, led by higher sight savings
EconomyMacroeconomyon Friday. The outstanding balance of private sector deposits increased to 162.9 billion euros, reflecting... deposit movement took the aggregate balance for the year so far to a negative balance of 451 million.... The latest aggregate balance is attributed to time outflows of 1.73 billion euros combined with sight
5% -
ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBankingwas even steeper at nearly 25 pct. The exercise was also based on a static balance sheet approach... of the year to improve their balance sheets through bad loan securitisations, or capital actions, like... and the flexibility in restoting balance sheets is the ECB’s approval of the new regulation on deferred tax credits
5% -
Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomyeuros, bringing the total to 45.3 billion euros. The Public Investment Budget (PIB) balance came.... The aggregate PIB balance for the first nine months showed a deficit of 602 euros. In the same period of 2020, the PIB balance showed a deficit of 2.53 billion euros. The Finance Ministry released its own
5% -
Central gov primary cash deficit plummets to 9.86 bln in 2021
EconomyMacroeconomy. In 2019, the primary cash balance was a surplus of 5.56 billion euros and the total cash deficit... Investment Budget (PIB) balance came to a deficit of 398 million euros compared to a deficit of 1.54 billion in December last year. The aggregate PIB balance for 2021 showed a deficit of 2.1 billion
5% -
Loans to corporations drive credit growth of 5.1 pct YoY in March
EconomyMacroeconomymillion euros in February. The outstanding balance increased to 114.16 billion euros, from 113.35 billion euros in February. The corporate lending balance’s net monthly flow was positive by 1.18 billion... of credit to non-financial corporations was positive by 1.27 billion euros. The balance stood at 63.53
5% -
Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln
EconomyMacroeconomy. The outstanding balance increased to 113.37 billion euros, from 114.16 billion euros in March. The corporate lending balance’s net monthly flow was negative by 582 million euros, after a rise of 1.24... corporations was negative by 441 million euros. The balance stood at 63.15 billion euros. Credit
5% -
Credit growth slows to 3.1 pct in May, as flow to corporations contracts
EconomyMacroeconomywas negative by 275 million euros in May, after a 789 million euros drop in April. The outstanding balance decreased to 112.48 billion euros, from 113.37 billion euros in April. The corporate lending balance... million euros. The balance stood at 62.25 billion euros. Credit to insurance corporations showed
5% -
Credit expansion slows to 1.2 pct in July as corporate loans contract
EconomyMacroeconomyagain after May’s decline. The outstanding balance decreased to 112.49 billion euros, from 113.89 billion euros in June. The corporate lending balance’s net monthly flow was negative by 1.23 billion euros...-financial corporations was negative by 1.21 billion euros. The balance stood at 62.31 billion euros
5% -
Credit net flows remain negative in Aug, growth at just 0.9 pct YoY
EconomyMacroeconomy. The outstanding balance decreased to 111.96 billion euros, from 112.53 billion euros in July. The corporate lending balance’s net monthly flow was negative by 319 million euros, after a drop of 1.18 billion euros... by 293 million euros. The balance stood at 62.07 billion euros. Credit to insurance corporations showed
5%