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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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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBanking(ELA) funding dropped to 5.7 billion at the end of December, while ECB funding fell to 4 billion from 9 billion. Eurosystem funding dropped further in late March 2018, with ELA dropping below 2... to the conclusion of our restructuring plan, the accomplishment of our NPE goals, the full elimination of ELA
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NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingof ELA related fees. Trading and other income stood at a loss of 30 million in Q4 from a profit of 8..., with zero Emergency Liquidity Assistance (ELA) exposure since late November 2017, assisted... ) funding. Towards the end of March, it was reported that all of Greeceās banks were now off ELA
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingat 800 million at the end of Q3 2019, down by 2 billion YoY. The bank fully eliminated ELA funding... funding by 200 million euros. Management said that the bank shifted away from ELA funding thanks... of 400 million euro Tier II subordinated bonds in June 2019. Following the elimination of ELA
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Newsletter 13 - 30/01/2015
statements and xenophobic tweets from representatives of Independent Greeks (Anel), including party... that the coalition with Anel was announced on the 70th anniversary of the liberation of Auschwitz
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Less is more: The Greek government needs a chisel, not a sledgehammer
Agoraof Independent Greeks (Anel), including party leader Panos Kammenos, the demand for explanation... viewers and international observers that the coalition with Anel was announced on the 70th
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