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Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
EconomyMacroeconomypercent in October, Bank of Greece (BoG) figures showed on Thursday. The November headline figure..., the BoG said that the non-performing exposure (NPE) ratio stabilised at 45.1 percent in June. The highest... corporate of 41.8 and 29.1 percent respectively was kept below the weighted average figure. The BoG
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Current account deficit of 1.2 bln in Nov turns 11-month balance negative
EconomyMacroeconomybillion a year ago, Bank of Greece (BoG) figures showed on Friday. The modest deterioration reflects... in exports by 5.2 percent to 2.13 billion and in imports by 4.1 percent to 3.77 billion. BoG also said... decreased by 2 percent to 22.26 billion. BoG added that excluding the impact of oil and ships the goods
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Eurosystem funding falls by 1.9 bln in Dec, down by 60 bln since July 2015
EconomyMacroeconomycompared to the decline of 3.3 billion in the previous month, Bank of Greece's (BoG) annual balance sheet.... The collateral pledged with BoG for ELA funding fell at a slower pace of 560 million and stood... the previous month. BoG figures also showed that banknotes in circulation edged up by 290 million
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Positive deposit flow of 2.8 bln in Dec leads 2016 inflows to 4.2 bln
EconomyMacroeconomyflow of 12 million in the previous month, Bank of Greece (BoG) figures revealed on Friday. The marked... sector deposits as of December 2016, BoG noted. Therefore, the reported outstanding deposit balance... resident’s outflows of 617 million. Last week the BoG’s annual balance sheet revealed that Greek
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomyslowing to 1.3 percent in the previous month, Bank of Greece (BoG) figures displayed on Friday...) are no longer reported by the BoG in the private sector as of December 2016. As a result... sector, the BoG revealed that the non-performing exposure (NPE) ratio rose to 45.1 percent in June
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Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomy) of 2016, following a decline by 1.5 percent in Q3, Bank of Greece (BoG) data showed on Thursday... the slowest since 2009. The BoG did not publish an update of the transaction-related indices regarding... deductions of 14.3 billion euros over this six-year period. According to BoG, around 42 percent
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Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
EconomyBankingof Greece (BoG) revealed. Specifically, write-offs in the Greek market reached a record high of 2.54.... According to figures provided by the BoG at the end of November, write-offs are a key contributor... exposures in 2008 to 45.1 percent at the end of last June. According to BoG, the NPE coverage ratio remained
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Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
EconomyMacroeconomya year ago, Bank of Greece (BoG) figures revealed on Monday. The deterioration is largely attributed... billion. BoG noted that excluding oil and ships the value of exports remained almost stable, while... to 41.07 billion, while exports edged down 1.2 percent to 24.49 billion. BoG said that stripping out
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Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
EconomyMacroeconomyinflows of 2.8 billion in December, Bank of Greece (BoG) figures revealed on Tuesday. A similar pattern... million in December. BoG figures also showed sight and savings’ deposits posted outflows of 1.22...-euro area residents’ inflows of 331 and 157 million respectively. The BoG’s annual report revealed
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Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomyremaining stable in the previous months, Bank of Greece (BoG) figures showed on Tuesday. This largely... of the key preconditions for the long-awaited credit expansion. The BoG said on Friday that NPEs... does not incur the prescribed sanctions, the BoG noted.
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