Search
-
Newsletter 132
to grow out of their NPL problems.” The IMF is concerned about the strength of Greek banks capital... would allow the relaxation of capital controls before the end of the programme and banks would... in energy, which went up by 17.9 percent, followed by capital goods (+15.7 percent), intermediate goods
3% -
Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek Politics, ABS, Silver Point Capital and Greylock Capital took part in the meeting, along with Economy... recently acquired Ethniki Insurance in Greece; Richard Driehaus, founder of Driehaus Capital
3% -
Eurobank net profit at 61.2 mln in Q3, NPE formation negative for fourth straight quarter
EconomyBankingby 0.5 percent QoQ to 66.8 million, driven by fees from lending, network, capital markets and mutual...-to-date basis. Capital The phased-in Common Equity Tier 1 (CET1) ratio edged down to 15.1 percent in Q3... and the issuance of Tier II bonds, in favour of the Greek state, which count in the total regulatory capital
3% -
Further measures to protect and strengthen financial stability foreseen in sMoU
EconomyProgramme: normalising liquidity and payment conditions and strengthening capital, addressing NPLs and enhancing... and key statistics related to capital controls, which the Greek authorities have committed... implementation of the capital controls relaxation. The BoG will oversee the process
3% -
Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBankingincome rose by 4.7 percent QoQ to 69.9 million, driven by fees from lending, network, capital markets... the total impact for the first year is expected at 16 bps. Capital The phased-in Common Equity Tier 1... capital and strengthen our position in the Greek market and abroad, by providing financing to our
3% -
IFRS 9 provisions required by banks in line with expectations
EconomyBankingfor any, if at all, capital injections. The process for Greek banks had to be accelerated to ensure... of required provisions in the first three years. As such, the immediate capital impact for Greek lenders... for NBG. The total impact on capital adequacy is seen at 230 bps for Alpha, 290 bps for Eurobank, while
3% -
Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammedebts from Greece’s lenders has been around for several years but has stumbled on the capital... in capital would be required for the creation of a bad bank in Greece. It did not clarify how... as it is not clear where the capital would come from.
3% -
Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingbps of capital, which is lower than industry analysts had estimated. In anticipation, accumulated... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51... continuing efforts to strengthen capital ratios, reduce Eurosystem funding and contain costs, as well
3% -
EquiFund makes official launch in bid to grow Greek businesses
EconomyFeaturesThe hotly anticipated venture capital fund, EquiFund, which aims to foster business growth..., the country has the lowest levels of venture capital and private equity activity in the European Union according to Invest Europe, the European venture capital and private equity association. EquiFund’s
3% -
Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammethe accelerated stress tests and not being in need of any extra capital. Now, the focus of the European... quarterly key statistics related to capital controls as well as providing an assessment and proposals for the process of relaxing the capital controls. The goal is to abolish them while ensuring the minimum
3%