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Newsletter 79 - 24/06/2016
, which are currently paced with the BoG for ELA funding at a cost that is 150 basis points above... management considerations”. Following that decision, the central Bank of Greece (BoG) said on Thursday... reduction also reflects the impact from the reinstatement of the waiver. BoG figures showed
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Newsletter 82 - 15/07/2016
of Greece (BoG) governor Yannis Stournaras eyed the easing of capital controls, while he provided...-monthly limit of 840 euros and allowances for early loan repayment. On asset quality, the BoG governor... rate of 17.9 and 16.3 percent, respectively. BoG figures showed Greek banks’ reliance on Eurosystem
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Credit contraction stays stable at 2 pct in June, net additions for first time this year
EconomyMacroeconomyGreek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures...) and corporate lending (-22.2 percent), while housing loans have retreated by around 18 percent. The BoG.... The BoG stressed that in case if NPEs are not managed effectively, banks’ ability to sustain and extent
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Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
EconomyMacroeconomyin Q1, Bank of Greece (BoG) data displayed on Thursday. The released figures mean that housing prices... of 41.7 percent since the peak of 102.2 posted in Q3 2008. As expected, BoG did not provide... billion since the end of 2010. The latest BoG figures show that 42 percent of housing loans were
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agoraincreased write-offs. Bank of Greece (BoG) data showed that Greek banks’ write-offs climbed to 729... to the Parliament’s Economic Affairs Committee in mid-July, BoG governor Yannis Stournaras noted... stood at 22 million euros, while NBG estimates the annualised positive impact at 200 million. BoG
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Eurosystem funding falls by another 4.4 bln in August
EconomyMacroeconomyof Greece's (BoG) monthly financial statement displayed on Wednesday. Central bank funding landed... collateral. In particular, the gross value of the collateral pledged with the BoG for ELA funding fell... with the ECB edged down by 1.61 billion to 35.08 billion. The BoG’s financial statement also updated
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How Greece's political system failed to safeguard the largest investment in the country's history
Agorabanking system was triggered after the Bank of Greece (BoG) identified at the end of 2012 that losses... of recapitalisation after a follow-up stress test conducted by the BoG in cooperation with Blackrock... needs under the base case scenario of the BoG’s stress tests. As a result, the HFSF’s participation
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September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
EconomyMacroeconomyof 4.39 billion in August, Bank of Greece's (BoG) monthly financial statement showed on Thursday... of the collateral pledged with the BoG for ELA funding fell by 4.22 billion euros to 102.312... billion. The BoG financial statement also showed banknotes in circulation edged down for the fifth
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Credit standards and demand for Greek loans remain stable in Q3
EconomyMacroeconomyunchanged quarter on quarter (QoQ) in the third quarter (Q3) of 2016, Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday. According to BoG, the survey mostly includes data of the four... and corporate loans remained unchanged in Q3. BoG presented for the first time the evolution
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In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
EconomyMacroeconomyby 3.15 billion in September, the Bank of Greece's (BoG) monthly financial statement revealed... pledged with the BoG for ELA funding rose by 2.43 billion euros to 104.55 billion, while the respective figure pledged with the ECB dropped by 2.01 billion to 30.97 billion. BoG figures also provided
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