The Greek Ministry of Finance is attempting to compel banks to share details of clients’ safety deposit boxes with the Tax Office, as an act by Deputy…
German banks are seeking to blunt any fresh U.S. sanctions against Russia so they can continue existing business with Russian clients, according to an internal briefing paper…
The government is exploring the prospect of setting up a scheme to protect the country’s banking system in the wake of Wednesday’s banking shares crash, a source…
Results of “stress tests” on Greece’s four systemic banks will be announced on May 4 and 5 by the European Central Bank (ECB), Bloomberg on Tuesday quotes…
The chairwoman of the Single Supervisory Mechanism’s (SSM) supervisory board, Danièle Nouy, and ECB executive board member Benoît Coeuré on Monday received a delegation from the Hellenic…
The level of non-performing exposures (NPEs) in Greece in September 2017 dropped by 2.4 and 5.5 percent compared with the end of June 2017 and late December…
Hellenic Bank, third largest Cypriot lender, said that it decided to appoint Youssef Nasr, a former HSBC banker, as chairman of its board of directors. The appointment…
The European Central Bank‘s stress test of Greek banks is still expected to be completed in May despite a delay in a pan-European check. The Greek stress…
When Eurobank Ergasias SA, Greece’s third-biggest lender, recently went after a “strategic defaulter,” angry protesters stormed the courtroom to block its foreclosure attempt. The defaulter, whose name…
The inaugural sale of a portfolio of "bad debt" held by Greece's systemic banks is expected in early August, with the initial cache reportedly being non-performing consumer…
Tax payers opting to settle their debts to the tax services over bank counters will be charged with an extra commission as of Friday, July 28. The…
Greek banks made progress in their fight to cut their exposure to doubtful and non-performing loans in the first quarter, data from the country's central bank showed…
The German financial daily Handelsblatt on Monday offered up a pessimistic view of the current economic situation in Greece, saying the country will need a fourth bailout…
Non-performing exposure (NPEs) within the Greek banking system fell by 1.2 percent at the end of 2016, compared to the end of September 2016. The total, at…
The European Central Bank maintained the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank at 46.3 billion euros ($49.22 billion), the…
More than 10,000 jobs are set to go at Greek banks over the next few years due to the changes that new technologies have brought to the…
The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 200 million euros to 46.3 billion…
The Greek state is close to losing the 25 billion euros it paid to save the Greek banking system, as the bank warrants issued during the first…
Wednesday’s Piraeus Bank board meeting, during which a new chief executive officer was supposed to be elected for the lender, was unexpectedly suspended as an email from…
The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 200 million euros to 50.7 billion…
