Search
-
Banks try to build on growing confidence
EconomyBankingin the funding and asset risk of the banks over the next 12 to 18 months. The agency anticipated economic... of Deferred Tax Requirements (DTA) continue to be an issue. Eurosystem funding Greek banks’ dependency on central bank funding and emergency liquidity assistance (ELA) is also declining steadily, which
1% -
Newsletter 183 -16/11/2018
by 861 million euros.. Eurosystem funding rises to 13.2 bln in October Latest month marks first rise in funding since December 2017 For a sixth consecutive month, ECB funding made up the majority of total liquidity at 73 percent. Greek banks’ Eurosystem funding increased by 974 million euros month
1% -
Newsletter 203 -15/04/2019
, lower social security contributions for the self-employed and the funding for the rent subsidy.... Eurosystem funding falls by 625 mln in Mar Banknotes in circulation rise by 12 mln The composition of Eurosystem funding for March revealed that ECB funding made up close to 100 percent of all funding
1% -
Newsletter 220 -20/09/2019
Eurosystem funding drops by 464.8 mln Central bank funding comes to 8.21 billion Greek banks’ Eurosystem funding fell by 464.8 million euros month-on-month (MoM) in August according to the monthly Bank... in European Central Bank (ECB) funding, bringing the total to 8.21 billion euros, while Emergency
1% -
Troika returning to Greece but key decisions still months away
PoliticsGreek Politicswould help Greece and its eurozone partners to focus on wider issues, such as funding gaps for 2014... this would take care of the immediate need for funding, without which Greece would default in May... might take. When will discussions on more funding for Greece take place? Reports in Germany over
1% -
Newsletter 18 - 06/03/2015
extension of emergency liquidity assistance (ELA) funding access. As a result, Greek banks could... forthcoming transactions. The next key funding obligations this month relate to the payment of 1.5... ceiling of 3.5 billion that Greek banks can place for ELA funding. This means that even
1% -
Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammea week ago provides a good guide on Greece’s funding needs until 2018. However, as IMF managing... interest payments of 17.2 billion euros over this 3.5 year period, Greece’s debt-related funding needs stand at 47 billion. On top of this figure, additional funding needs of 14.7 billion euros
1% -
Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingto 478 million largely on reduced funding cost attributed to lower reliance on the Emergency Liquidity Assistance (ELA) funding and government guarantees as well as lower deposit cost. In contrast, fee... the NPE coverage ratio was kept stable at 47 percent. Eurosystem funding dropped by 2.3 billion QoQ
1% -
Newsletter 109 - 03/03/2017
by a negative flow of 1.12 billion. Faster fall in Eurosystem funding in January At 63.01 bln, central bank funding hits lowest level since late 2014 Monthly drop largely reflects a marked decline in ECB funding by 2.76 billion to 20.2 billion. Greek banks Eurosystem funding decreased
1% -
Newsletter 155 -16/03/2018
percent. Eurosystem funding drops by 4.58 bln in Jan Banknotes in circulation fall after rising in previous month Compared to January 2017, Eurosystem funding declined by 33.92 billion euros. Greek banks’ Eurosystem funding fell by around 4.58 billion euros in January, according to the Bank
1%