Tag: Bank of Greece

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Bank of Greece probe finds major discrepancies in Attica Bank

Sokratis - Sep 24, 2016

Bank of Greece findings from its probe of Attica Bank include at least 30 serious discrepancies, Kathimerini understands. The central bank report, which has been submitted to…

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New strategy proposed for over-indebted company overhauls

chris1 - Aug 28, 2016

New measures are being proposed for banks to take control of businesses when their borrowing exceeds acceptable levels as a means of accelerating the restructuring of firms.…

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Bank Officials Say Depositors Still Wary Due to Capital Controls

chris1 - Aug 21, 2016

Greeks are still not convinced that they can trust banks with their earnings, according to a recent report from the Bank of Greece (BoG). Not only are…

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Government working on new anti-graft initiative

chris1 - Jul 24, 2016

After this week’s presentation showcasing the work of its anti-corruption body over the last 15 months, the government is reportedly planning to set up offices where citizens…

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Greece concludes agreement with creditors on sale of NPLs

chris1 - May 01, 2016

Greece concludes agreement with creditors on sale of NPLs An agreement between Greece and its lenders will lead to the vast majority of non-performing loans (NPLs) linked…

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Bank of Greece: Current account deficit increases in January 2016

ilias1 - Mar 26, 2016

The Bank of Greece has published its latest report on the balance of payments for January 2016 and found that the deficit increased by 461 million euros…

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ELA to Greek banks reduced by a further 100 million euros

Panos - Mar 17, 2016

The Bank of Greece has announced that the European Central Bank’s Governing Council has reduced the Emergency Liquidity Assistance (ELA) for Greek banks by 100 million euros.…

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Bank of Greece: “Current account deficit reduced by 1.1 billion euros”

ilias1 - Feb 20, 2016

The Bank of Greece has published its latest data regarding the balance of payments for December 2015, according to which the current account deficit was reduced by…

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“The Grexit is a closed chapter”

ilias1 - Jan 31, 2016

The governor of the Bank of Greece Yannis Stournaras was adamant that the possibility of ‘Grexit’ is “a closed chapter”, in an interview he gave to the…