Search
-
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
3% -
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
3% -
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
3% -
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 Greece’s banks were now off ELA
3% -
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
3% -
Greek economic sentiment and consumer confidence fall for third month in a row
EconomyMacroeconomyGreece’s economic sentiment (ESI) decreased for the third successive month at an accelerating pace, falling to 99.3 in September from 102 in August, according to the European Commission (EC... of 104.1 posted in June, Greek ESI has lost almost 5 points. However, the year to date balance remains
3% -
Greek economic sentiment and consumer confidence fall sharply in December
EconomyMacroeconomyAfter improving in the preceding two months, Greece’s economic sentiment (ESI) fell by 3.8 points to 98.9 in December from 102.7 in November, according to the European Commission (EC). The ESI figure for December is the lowest reading since Apri, while the monthly change suggests the sharpest drop
3% -
Big falls for economic sentiment and consumer confidence in April
EconomyMacroeconomyGreece’s economic sentiment (ESI) contracted by 4.1 points to 92.7 in April from 96.8 in March, according to the European Commission. The monthly drop in April is the sharpest deterioration since May 2010, while the headline figure of 92.7 is the lowest reading since January 2014. The ESI headline
3% -
Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell for the fourth straight month in June, when it was down by 0.7 points to 90.7 from 91.4 in May, according to the European Commission (EC). The June headline figure is the lowest reading since August 2013. Since the beginning of the year, the ESI has dropped
3% -
Economic sentiment edges up to to 90.3 in April, consumer confidence falls for fourth month
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose for the second straight month in April, albeit by just 0.2 points to 90.3, according to European Commission (EC) data published on Thursday. The March headline... mark. ESI had dropped to a recent low of 76.1 last August and has improved by 14.2 points since
3%