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Alpha and NBG complete sales of hotels
EconomyBankingAssistance (ELA) funding. Based on the latest official data for August, NBG’s ELA funding stood at 5... to assets, NBG’s reliance on ELA funding is by far the lowest among its Greek peers. In its weekly
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingand currently stands at 11.3 billion. The Emergency Liquidity Assistance (ELA) funding dropped from...’ figure. ELA funding was mainly replaced by interbank repos, which increased by 1.2 billion QoQ... of Q3, while also targets to eliminate dependence on ELA funding in the next 18 months. Gross loans
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Newsletter 100 - 16/12/2016
assistance (ELA) funding by 2.06 and 1.24 billion, respectively. Since last May, ELA funding has... and lower haircut applied on ELA collateral, coupled with participation of Greek banks’ EFSF holdings
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Newsletter 111 - 17/03/2017
in the previous three quarters. Eurosystem funding falls for 20th month in a row ELA funding increased..., Emergency Liquidity Assistance (ELA) funding increased by 330 million in February, the first rise April 2016..., one month before the conclusion of the long-lasting first review. ELA funding stood at 43.15 billion
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Deposit outflows continue in Feb but slow to 750 mln
EconomyMacroeconomyof 330 million euros in the ELA liquidity withdrawn by Greek banks in February. It stood at 43.15... the reliance on ELA funding rose by 690 million euros amid uncertainty about the conclusion of the first programme review. In addition, the European Central Bank decided on March 23 to increase the ELA
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
AgoraAssistance (ELA) and ECB funding down by 3.9 and 4.8 billion respectively. However, this positive trend... (-4.2 billion). ELA funding edged down by just 500 million. The latter reflects a reduction of 850... wholesale funding expenses (due to reduced reliance on ELA funding), which was almost offset by weaker
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Deposit flow in positive territory at 638 mln in May
EconomyMacroeconomyin May, Emergency Liquidity Assistance (ELA) funding for Greek banks declined by 1.4 billion to 40.7... the ELA ceiling for Greek banks by a total of 1.7 billion euros. As a result, the ELA limit
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Newsletter 127 - 14/07/2017
in the Emergency Liquidity Assistance (ELA) funding by 2.77 billion. ECB funding increased by 100 million, the first increase since June 2016. Specifically, ELA funding was reduced for the fifth time... has fallen by 41.46 billion, with just over two thirds of this decrease attributed to lower ELA
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Newsletter 131 -15/09/2017
by a fall in Emergency Liquidity Assistance (ELA) funding by 3.70 billion euros, the largest drop since... by a fall in ELA funding by 12.81 billion and in ECB funding by 8.51 billion. Since the conclusion... of this decrease attributed to lower ELA funding. The BoG figures also revealed that the banknotes
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingLiquidity Assistance (ELA) funding has been reduced by a total of 4.1 billion since Q2 to 7.3 billion... billion in June. They stated that further elimination of ELA would be achieved through a combination... profile improved in Q3 with a further increase in our deposit base and reduction in costly ELA
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