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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

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