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Deposits inflows in June reach 1.36 bln for fifth month of positive readings
EconomyMacroeconomyNet deposit movement in the Greek banking system remained positive with inflows of 1.36 billion in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed... to come to 143.84 billion. The BoG’s most recent monthly financial statement showed that Eurosystem
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Banks try to build on growing confidence
EconomyBankingreduces dependence on the ECB and cuts down costs, Moody’s said. The Bank of Greece (BoG) announced... report, the BoG noted that in total, Eurosystem funding fell by 4.56 billion in June and now stands
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July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 6.75 billion euros in the first seven months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes... be noted, however, that the accounting methods applied by the MoF and BoG differ and, therefore
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Greek banks push for return to normality
EconomyBankingof Emergency Liquidity Assistance (ELA). As of July, BoG noted that Greek banks’ Eurosystem funding declined... eligibility in the programme. NPLs and property It was reported by BoG that in the first quarter
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Deposits inflows reach 840.6 mln in July driven by time deposits
EconomyMacroeconomyNet deposit movement in the Greek banking system continued to stay on positive ground with inflows of 840.6 million in July, albeit falling from inflows of 1.36 billion in June, Bank of Greece (BoG... government (gg), rose by 1.13 billion in July to come to 144.94 billion. The BoG’s most recent monthly
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Newsletter 173 -07/09/2018
(BoG) that Greek banks succeeded in meeting their non-performing exposure (NPE) reduction target... was reduced by 3 billion QoQ or 47.7 percent. However, BoG noted that banks missed their NPLS reduction target
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Turnover in tourism grows by 11.5 pct during Q2
EconomyMacroeconomy. The figures are in line with the tourism figures from the Bank of Greece (BoG). According to the BoG
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingThe persisting issue of non-performing loans (NPLs) was one of the key items discussed last week by the government and the institutions. In its latest report, the Bank of Greece (BoG) outlined... figures have to fall to 25.3 billion and 17.6 billion, respectively. As the BoG report outlined
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 16.76 billion euros in the first eight months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes..., that the accounting methods applied by the MoF and BoG differ and, therefore, their key figures
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Deposit inflows reach 1.30 bln in August on increased sight deposits
EconomyMacroeconomyNet deposit movement in the Greek banking system strengthened in August with inflows of 1.30 billion from 840.6 million in July, Bank of Greece (BoG) figures revealed on Thursday. The latest figure... billion in August to come to 146.99 billion. The BoG’s most recent monthly financial statement showed
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