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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomyGreek private sector deposit outflows slowed to 7.63 billion in February from a record high of 12.79 billion in January, according to the Bank of Greece (BoG).
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Monthly credit flow turns positive in Feb for first time since June 2012
EconomyMacroeconomyGreek bank credit contraction slowed to 2.5 percent in February from 2.9 percent in January, according to the Bank of Greece (BoG).
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
EconomyFollowing its earlier recommendation to Greek banks not to increase their T-Bill holdings from their February 18 level, the European Central Bank general council decided on Tuesday to make this limit legally binding, according to reports.
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingNational Bank (NBG) posted a net loss of 1.11 billion in the fourth quarter (Q4) of 2014 from profit of 30 million in Q3.
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingPiraeus Bank reported net losses of 332 million euros the fourth quarter (Q4) of 2014 from 1.56 billion in Q3, which were exceptionally high due to a sharp rise in impairment losses to 2.24 billion.
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Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankingAlpha Bank posted an increase in net losses to 440.2 million euros in the fourth quarter (Q4) of 2014 from 156.9 million in Q3.
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Greek banks' Eurosystem funding at 13-month high of 104.2 bln in Feb as ELA rises
EconomyMacroeconomyAs expected, Greek banks’ Eurosystem funding climbed by another 16.77 billion euros month on month (MoM) to 104.25 billion at the end of February from 87.48 billion in January, according to the Bank of Greece's (BoG) monthly financial statement published on Thursday.
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBankingEurobank posted a net loss of 523.7 million euros in the fourth quarter (Q4) of 2014 from 186.6 million in Q3.
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Minor changes in Greek time deposit rates, higher movements in corporate loans
EconomyMacroeconomyThe interest rate on households’ new time deposits eased in January by just 2 basis points (bps), falling to 1.8 percent from 1.82 percent in December, according to the Bank of Greece (BoG).
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Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
EconomyMacroeconomyGreek banks’ Eurosystem funding jumped by 31.44 billion euros month on month (MoM) to 87.48 billion at the end of January from 56.04 billion at the end of December, according to the Bank of Greece's (BoG) monthly financial statement published today.