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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingin the previous quarter. Moreover, the NPL coverage ratio rose to 74.3 percent in Q4, remaining... funding at 5.8 billion remaining the lowest among NBG’s Greek peers. In addition, interbank repos stood..., the loan to deposit ratio dropped to 88 percent from 90 percent in Q3, remaining by far the lowest
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Mitsotakis sets off barrage of legislation to shake off introspection
PoliticsGreek Politicsfor patience to deliver results over the remaining three years of the administration’s term. Opposition... as the writ he served the party earlier this week is outstanding. At PASOK, the two remaining contenders... clearly in sight, the two remaining rivals seem less concerned with keeping up appearances. Androulakis
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When will Greek banks operate as credit institutions again?
Agorafacilities they require. In such an admittedly dire outlook the remaining constituency of potential... and considerable personal risk, frequently using remaining financial resources from their families and despite... banking sector with large domestic lenders and a remaining niche of small entities. The unprecedented
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Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
EconomyMacroeconomyremaining broadly flat in 2015, social security contributions are anticipated to surge by 1 billion... million in the payroll cost is estimated for 2015 and a further 250 million in 2016, remaining broadly... billion. The MoF assumes that the remaining Greek banks will pay back their preference shares within
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Credit contracts by 3.5 pct in June, balances at 214.81 bln
EconomyMacroeconomy& private non-profit institutions eased 3 percent in June, unchanged from May, with balances remaining... proprietors accelerated to 1.5 percent in June from 1 percent in May, remaining the only sector posting... in June from 84 million in May, still remaining at relatively low levels. Credit expansion, which turned
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Newsletter 11 - 16/01/2015
of voters undecided, remaining inconsistencies in SYRIZA's message have not helped leftist party. KKE... the stalled review, which began in September. Hardouvelis said that with just eight weeks remaining... the remaining 1.8 billion refer to Securities Markets Programme (SMP) profits which do not burden Greece’s
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Why Greece is asking for 1.2 bln back from the EFSF
Agorain the form of cash and the remaining 48.2 billion in EFSF bonds. The initial agreement provided... future capital needs and return the remaining amount to the EFSF. Earlier this week the Greek government... of the remaining cash of 345 million) to cover short-term funding needs primarily through purchases
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Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomyinstruments (mainly money market funds), while the remaining one-quarter was sent abroad. Before... to ELA funding and the remaining 36 percent (38.67 billion) to ECB funding almost entirely comprised..., the remaining ELA cash liquidity buffer for Greek banks stands at around 3 billion euros, meaning
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingnet interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same... remaining the highest among its domestic peers. Eurosystem The bank noted that 25 percent of deposit outflows since December were sent abroad, while the remaining 75 percent is in cash and short-term
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme-primary residence mortgages is allowed. The second phase includes the remaining NPLs (primary-home... percent are almost fully protected from the new foreclosure law voted in mid-November. For the remaining... and the remaining 50 percent would be evenly used for decreasing debt to GDP ratio (25 percent
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