Trickle of inflows point to long road to normality for Greek banks
By George Georgiopoulos Greek banks have seen only a trickle of deposit inflows six months after the country clinched a third bailout to stay in...
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Private sector unlikely to recap Greek banks in 2015, bondholder bail-in likely, Moody’s says
By Stelios Orphanides Moody’s Investors Service said that the time remaining for the private sector to participate in the recapitalisation of Greece’s banks is limited...
Greece needs to recapitalise its banks by year end – Dombrovskis
Greece needs to have its biggest lenders recapitalised by the end of the year, EU Commission Vice-President Valdis Dombrovskis said on Tuesday. “We all agree...
Greek banks’ bad loans at around 45 pct – local paper
Greek banks’ bad loans, which peaked after capital controls were imposed in late June, have dipped to around 45 per cent of their loan books...
Greek bank shares plunge for third day, stock market down (Updated)
By George Georgiopoulos and Jeremy Gaunt Greek bank shares sold off sharply for the third day in a row on Wednesday with buyers yet to...
Greek banks to stay shut for now, finance ministry says
Greek banks, shuttered for the past two weeks after a flood of withdrawals threatened to collapse the system, will remain closed for now, a finance...
Value of some Greek-owned banks likely negative, says economist
By Stelios Orphanides Cypriot banks should avoid paying any price for the takeover of Greek owned banks operating in Cyprus, an economist said adding that...
Greek banks face closures, bailout or not
By John O’Donnell Some large Greek banks may have to be shut and taken over by stronger rivals as part of a restructuring of the...
Greek banks have enough cash till Monday-Bank Assoc. Head
Greek banks have enough liquidity in cash machines to serve the public until Monday, Louka Katseli, head of the Greek bank association said on Thursday....
No deal for Greece, talks resume Saturday, Syriza accuses lenders of wanting to “annihilate” Greece (update 7)
By Renee Maltezou and Robin Emmott Greece failed again to clinch a deal with its international creditors on Thursday, setting up a last-ditch effort on...
Greece says ECB won’t let its banks collapse, Tsipras to talk to Juncker
The European Central Bank will not allow Greek lenders to collapse as this would create a domino effect and topple banks in other parts of...
Capital Intelligence lowers top Greek banks’ outlook, warns of “systemic liquidity crisis” (Update-1)
By Stelios Orphanides Capital Intelligence said it revised the outlook of Greece’s four largest lenders Alpha Bank, Eurobank Ergasias S.A., National Bank of Greece, and...
Greece unlikely to end bailout without new help -senior EU official
Greece is “highly unlikely” to end its euro zone bailout programme without some new form of assistance that will require it to meet targets, a...
Greek bank shares drop sharply on ECB stress test fears
Greek bank shares fell sharply on Wednesday, leading the broader Greek equities market lower, with traders citing jitters over the European Central Bank’s region-wide stress...
Greek Central Bank confirms major banks need EUR6.4 bln
Greece’s central bank said on Thursday that a health check-up of the country’s major banks showed they need 6.4 billion euros ($8.86 billion) in additional...
EU/IMF insist Greek banks need over 8 bln euros in capital
Greece’s international lenders insist the country’s top four banks need an additional 8-8.5 billion euros in capital after stress tests, well above the needs estimated...
Greek Central Bank Head sees no risk of haircut on deposits
Greek banks are well capitalised and savers face no risk of seeing the value of their deposits trimmed, the country’s central bank chief said, financial...
