ELA-ceiling for Greek banks increased by 0.4 bln€

23 March 2017
159 Views

The Bank of Greece (BoG) on Thursday announced that the European Central Bank’s (ECB) governing council did not object to an ELA ceiling for Greek banks of 46.6 billion euros, up until April 5, 2017.

The development comes in the wake of a request by the BoG.

“The increase of 0.4 billion euros in the ceiling reflects developments in the liquidity situation of Greek banks, taking into account private sector deposits flows,” was the press released issued by the BoG.

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