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Greek deposits increase for seventh straight month, reaching 164 bln
EconomyMacroeconomyoutflows of 374 and 159 million respectively. The year to date balance shows inflows of 675 million euros...Greek private sector deposits increased for the seventh successive month by 0.3 percent month on month (MoM) in September, with balances reaching 164.75 billion euros, according to the Bank of Greece
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Building activity down again in September but at slower rate of -11.2 pct
EconomyMacroeconomy, the year to date balance remains positive indicating cumulative gains of 5 points.... over the past 2.5 years. In addition, mortgage balances have dropped by 13 percent over the last four
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Newsletter 59 - 22/01/2016
-expected Public Investment Budget (PIB) balance led to a budget primary surplus of 2.27 billion for 2015... balances by 302 and 61 million, respectively. The breakdown showed the declining goods deficit stems from
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Deposit flow turns positive in May with inflows of 184 mln
EconomyMacroeconomybalance rebounded to 121.7 billion euros in May its highest reading since January. The positive flow... billion, while local government and social security funds deposit balances amounted to 2.29 and 1.93
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Bank of Greece report overviews lenders' profitability, urges drastic NPL management
EconomyBanking, while deposits have retreated by 104.6 billion to 147.1 billion. As a result, banks’ balance sheets... in performing loans by 8.8 percent, while loan balances have dropped by 1.7 percent. In absolute terms, NPEs
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Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingpressure on spreads. Balance Sheet Eurosystem funding declined by 1.1 billion euros QoQ to 10 billion... balances in consumer loans (-800 million), as well as by housing and business loans which each declined
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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammethat the threshold for the balance on business loans secured against primary residences should be no higher than 100,000 euros, rather than the 130,000-euro limit in the original bill. The threshold for balances
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingthe completion of the Cairo securitisation. The NPL balance came to 4.8 billion euros. The NPL ratio came... to 44.4 percent. Total coverage stands at 101.3 percent. NPL balances in Greece declined by 1.6 billion
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBanking. Balance Sheet At the end of June 2021, Eurosystem funding remained at 12.9 billion euros, reflecting... Project portfolio (taking into account the retention of senior notes of 3.8 billion euros). Loan balances
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Athens treads carefully over Ukrainian stand-off
PoliticsForeign PolicyGreece maintains channels of communication with Russia and does not wish to change this. Fine balance... head for the Greek Consulate in Mariupol, a position left vacant since 2019. In keeping balances
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