Search
-
Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyin January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece... 1 bp to a new low of 0.55 percent in January. Loans The most marked change in corporate lending was posted in loans for amounts above 1 million euros, where the rate fell by 33 bps, after rising by 19
8% -
Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economy: a) the disbursement of the two bailout sub-tranches of 2 billion euros on November 24 and 1 billion... short-term (up to 1 year) and medium-term (1 to 5 years) debt. Greece’s cash deposits advanced
8% -
Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingstock falling by around 1 billion euros from its 2015 level of 26.88 billion. The bank also disclosed... Eurosystem funding shows 13.7 billion relate to EFSF and ESM bonds, 14.4 billion to loans, 1 billion... in November, the phased-in Common Equity Tier 1 (Tier1) ratio reached 17.8 percent in Q4 with the fully
8% -
NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
EconomyBankingreflects: 1) Negative impact of 1.16 billion euros from Finansbank (mostly additional impairment of 612.... Net interest income (NII) edged up 1 percent QoQ to 474 million euros, largely due to lower..., the Common Equity Tier 1 (CET1) ratio reached 17.5 percent in Q4. The fully-loaded Basel III CET1 ratio
8% -
Some progress made as Greek programme review heads for break
EconomyProgrammescale are estimated at around 1 billion euros, while an increase in the solidarity levy rates is also considered, which could fetch another 1 billion in tax revenues. Another tax issue relates... also discussed measures yielding at least 1 percent of GDP for achieving the primary surplus target
8% -
Greek ministers still hopeful of reaching deal with creditors this month
Economyfiscal measures yielding 1 percent of GDP each. However, he did not comment or provide any detail...’s plan on the income tax reform would yield 1 percent of GDP via a change in the income tax scales... taxes. Pensions On the pension reform, Katrougalos said that the government’s plan yields 1 percent
8% -
Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
EconomyMacroeconomyof 0.61 percent. Overall, the weighted average rate on total new deposits slipped marginally by 1 bp... in March was a sharp drop by 90 bps in loans for amounts over 1 million euros to 3.93 percent from 4.83 percent in March. In addition, the rate for amounts between 250,000 and 1 million euros fell
8% -
IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammesustainable, the IMF suggests: 1) Maturity extension of 14 years for EFSF loans, 10 years... is weaker (1 percent) and primary surplus lower (1 percent of GDP), debt would not become sustainable
8% -
Central government debt edges down to 321 bln in Q1
Economy1 billion QoQ to 11.03 billion accounting for 3.4 percent of central government debt. The debt...-term (up to 1 year) and medium-term (1 to 5 years) debt. It is worth noting that Greece’s cash
8% -
Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingin the previous quarter. The management reiterated its target for a negative NPL formation of 1... to loans and other (15 billion), while the cash value of the used pillar II bonds stood at 1 billion... to see deposit inflows of around 3 billion. The phased-in Common Equity Tier 1 (Tier1) ratio eased
8%