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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingin December, while has slipped to 22.8 billion in May. The breakdown shows ELA funding currently stands.... From the ELA eligible collateral pool of 21 billion (cash value), the bulk (15.4 billion) relates
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Net profit of 87 mln for NBG in Q1
EconomyBanking, largely on the back of lower reliance on the Emergency Liquidity Assistance (ELA) funding and time... 2 billion to 20.8 billion in mid-May. The latter is split into ELA funding of 11.2 billion and ECB
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Government faces tight schedule for amendments to bailout legislation
EconomyProgramme(ELA) to ECB funding. Assuming also a reduction in the haircut applied to this collateral, Greek... noting that ELA cost stands 150 bps higher than that of ECB. After the implementation of prior
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Marginal deposit flow in April for second straight month
EconomyMacroeconomythe Emergency Liquidity Assistance (ELA) funding rose by 690 million in April. Central Bank funding has been slashed by 27 billion over the past ten months, mostly due to a reduction in ELA funding by almost
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ECB holds off on reinstating Greek waiver, waits for completion of prior actions
Economygovernment securities that Greek banks could switch from the Emergency Liquidity Assistance (ELA) to ECB... billion if the ECB decides to lower the haircut that is currently applied to this collateral. The ELA
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomyby 8.87 billion. This more than offset an increase in the Emergency Liquidity Assistance (ELA) guarantees by 6.07 billion Overall, ELA and bank support guarantees stood at 59 and 16.24 billion
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorastems from a further reduction in their reliance on the Emergency Liquidity Assistance (ELA) funding..., the reintroduction of waiver would mean that 5.1 billion euros of liquidity withdrawn via ELA would
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NBG completes sale of Finansbank to Qatar National Bank
EconomyBankingbonds, reducing accordingly its reliance on the Emergency Liquidity Assistance (ELA) funding... in May implying the nominal value stood close to 3 billion. The ELA funding cost stands 150 basis
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingfor Emergency Liquidity Assistance (ELA) funding may be switched to ECB funding. This entails lower cost for banks since the ELA funding cost stands 150 basis points above that of financing from the ECB
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General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend
EconomyMacroeconomysupport guarantees by 2.48 billion and in Emergency Liquidity Assistance (ELA) guarantees by 2 billion Overall, ELA and bank support guarantees edged down to stood at 56.42 and 14.24 billion
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