Search
-
How Greek banks moved into a new era
Agoraexposure in Emergency Liquidity Assistance (ELA) funding. More specifically, their current ECB funding
6% -
General gov't primary cash surplus to April at 1.69 bln
EconomyMacroeconomyto the Emergency Liquidity Assistance (ELA) to 3.1 billion euros at the end of April from 9.8 billion
6% -
Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingthat Alpha and the other three systemic banks have eliminated ELA funding since May. The bank’s Basel III
6% -
National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingwith zero ELA reliance. Excluding EFSF bonds (related to last year’s capital increase), net ECB exposure
6% -
Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingBank funding is comprised exclusively by ECB funding, as ELA reliance was eliminated since May
6% -
Snap elections in Greece bring state's liquidity constraints into focus
EconomyAssistance (ELA) mechanism to cover the incremental liquidity. Greek banks currently cover
6% -
SYRIZA hits back in funding row, says it could issue T-bills and use repos
EconomyLiquidity Assistance (ELA) mechanism. The cost of the latter currently stands at 1.55 percent, 150 bps above
6% -
Newsletter 11 - 16/01/2015
Emergency Liquidity Mechanism (ELA) at a higher cost. This would lead to corporate and household loan
6% -
The bad hand being dealt to Greece's next government
AgoraLiquidity Assistance (ELA) as a precautionary move. While local lenders are in much better shape than
6% -
Greece and lenders with conceptual, as well as practical, gaps to bridge
PoliticsGreek Politicsturned to the European Central Bank’s Emergency Liquidity Assistance (ELA) for back up. The ECB’s board
6%