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EconomyMacroeconomy
Credit contraction stays stable at 2 pct in June, net additions for first time this year Greek bank credit contraction remained stable at 2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyMacroeconomy
Credit standards for Greek loans stayed stable in Q2, small uptick in demand for large corporate loans Credit standards for both corporate and household loans were kept largely stable quarter on quarter (QoQ) in the second quarter (Q2) of 2016, in line with expectations, Bank of Greece (BoG) bank lending survey (BLS) figures displayed on Tuesday.
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EconomyMacroeconomy
Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets Appearing before Parliament’s economic affairs committee on Monday Bank of Greece (BoG) Governor Yannis Stournaras presented the organisation’s monetary policy report, which was released a month ago, and provided an update on Greek banks’ loan quality as well as unveiling a series of proposals for easing capital controls
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EconomyMacroeconomy Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln Greek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday.
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EconomyMacroeconomy
Access to finance remains far bigger problem for Greek SMEs compared to euro area peers The latest ECB semi-annual survey on the access to finance of enterprises for the six months ending in March 2016 showed that Greek SMEs continue facing the most notable obstacles in financing among their eurozone peers.
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EconomyMacroeconomy
Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln Greek bank credit contraction slowed down for the second straight month to 1.9 percent in April from 2.1 percent in March, Bank of Greece (BoG) figures showed on Tuesday.
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EconomyMacroeconomy
Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln Greek bank credit contraction decelerated to 2.1 percent in March after a short-lived acceleration to 2.3 percent in February, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyMacroeconomy Stable credit standards for loans in Q1, small uptick in demand for SME and housing lending Credit standards for both corporate and household loans remained broadly unchanged quarter on quarter (QoQ) in Q1 of 2016, according to the Bank of Greece’s (BoG) bank lending survey.
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EconomyMacroeconomy
Credit contraction accelerates to 2.3 pct in Feb, loan deductions of almost 400 mln Greek bank credit contraction accelerated for the second successive month in February to 2.3 percent from 2.1 percent in January, Bank of Greece (BoG) figures showed on Tuesday.
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EconomyMacroeconomy
Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million Greek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday.