Search Results for: Bank of Greece
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
Bank of Greece: ECB did not object to an ELA-ceiling for Greek banks of €68.1 billion
June 8th, 2016
On 2 June 2016 the Governing Council of the ECB did not object to an ELA-ceiling for Greek banks of €68.1 billion, up to and including Wednesday, 22 June 2016, following a request by the Bank of Greece. The ...
EBRD supports international trade in Greece through National Bank of Greece
March 2nd, 2016
Facility will help National Bank of Greece scale up trade finance The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility to National Bank of Greece under the EBRD’s Trade Facilitation Programme (TFP). The facility ...
Stournaras: Bank of Greece had built defense against plans for parallel currency
January 13th, 2016
The Bank of Greece had taken measures to prevent clandestine plans to introduce a parallel currency to the euro last summer if negotiations with creditors failed, Governor Yannis Stournaras has said. In an interview with Alexis Papachelas on Skai ...
QNB Group enters into definitive agreement with National Bank of Greece to acquire its 99.81% stake in Finansbank – Turkey
December 22nd, 2015
QNB Group, the largest financial institution in Qatar and the Middle East and North Africa Region, announces that it has entered into a definitive agreement with National Bank of Greece for the acquisition of its entire stake comprising 99.81% ...
The Bank of Greece Report on Monetary Policy 2014-2015
June 17th, 2015
Today, in accordance with its Statute, the Bank of Greece submitted its Report on Monetary Policy 2014-2015 to the Speaker of the Greek Parliament and the Cabinet. At the time of writing of the present report, news kept unfolding, ...
Goldman, Deutsche Bank Said Near Deal for National Bank of Greece Buyout Firm
August 6th, 2014
The private-equity units of Goldman Sachs and Deutsche Bank are nearing an agreement to purchase the buyout arm of National Bank of Greece SA. Goldman Sachs Asset Management and DB Private Equity are in talks to pay Greece’s largest ...
Greece: Banks prepare for crackdown on bad loans
September 16th, 2015
Banks are preparing for a drastic revision to their method of tackling nonperforming loans right after this Sunday’s elections, as Greece’s commitments included in the third bailout agreement provide for the drafting of an overall strategy that will efficiently ...
Greece: Greek bank stocks soar – Greece makes loan interest payment to IMF
August 7th, 2015
What you should know for Greece today: Bank stocks led a much-needed Greek bourse rebound on Thursday, making up some of the ground lost in the first three sessions since the market reopened. However, traders viewed the recovery more ...
Greece: Bank chips inflict record ATHEX fall
August 4th, 2015
The reopening of the Greek bourse on Monday after five weeks of no trade saw losses mount to an all-time record of 16.23 points. The session was also marked by particularly low trading volume as the sale orders for ...
