Yiannis Papadoyiannis
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Credit sector bracing for decision time
Greek government will issue a new legislative act extending the bank holiday for more days.
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ECB continues to fund banks
Withdrawals on Tuesday amounted to between 100 and 200 million euros.
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Bank withdrawals rising in Greece
Greek citizens are rushing to their bank providers and withdrawing money thanks to the country’s economic uncertainty
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Bank officials fear a ‘liquidity accident’
Depositors continue to withdraw their savings for fear of a rift in talks between Athens and the eurozone.
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Banks see light at end of bad loan tunnel
Bad loans have now exceeded 77 billion, which means that 35 per cent of all loans are not being serviced properly.
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Over 270 investors chose Eurobank
Management, HFSF express satisfaction with successful completion of share capital increase.
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More transparency for Bank of Greece
Despite disagreement with troika, that sees needs up to 9 bln euros, the central bank will put them at 6 bln.
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Eurobank officials take salary cuts
Senior Eurobank officials have heeded the CEO’s proposal to reduce salaries, aiming to send a strong message of resolve that they will continue in their cost-cutting efforts
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Piraeus stake sale ‘a vote of confidence’
Portugal’s BCP reaps 94 mln euros in capital gains from the transfer of shares and warrants
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National says bank merger is going ahead
NBG and Eurobank continue process of joining forces despite reported resistance by country’s creditors