Greek Banks

Greek banks `cannot afford` no deal: Eurobank chief

Greek banks "cannot afford" the current uncertainty, the chairman of one of Greece`s biggest lenders said on Monday, warning that failure to reach an agreement with creditors would be "disastrous".

Jun 22, 2015, 21:51 PM IST

ECB raises emergency liquidity for Greek banks: bank source

The European Central Bank on Friday raised the level of emergency funding for Greek banks by an unspecified amount following a request from the Bank of Greece, a bank source said.

Jun 19, 2015, 18:39 PM IST

Greek banks okay with stress but not default: ECB's Knot

Greek banks are solvent and could withstand some stress but would run into trouble if the Greek government were to default, European Central Bank Governing Council member Klaas Knot told the Dutch parliament on Tuesday.

Jun 16, 2015, 23:05 PM IST

ECB`s Draghi says major Greek banks currently solvent

Greece`s major banks are currently solvent and the European Central Bank will continue to provide liquidity to them to help finance the economy, ECB president Mario Draghi said on Monday.

Jun 15, 2015, 21:22 PM IST

Eurozone recovery `is there` says ECB chief

Economic recovery has arrived in the 19 countries that share the euro, but it is up to governments to ensure it endures, European Central Bank executive board member Benoit Coeure said Thursday.

Apr 23, 2015, 12:06 PM IST

Euro central banks lent 110 bn euros to Greek banks: Report

European central banks have lent 110 billion euros to Greek banks, the head of France`s monetary authority said in comments published Monday, warning that any move by Athens to leave the eurozone would be "traumatic."

Apr 20, 2015, 18:35 PM IST

ECB tells Greek banks not to buy any more Greek government debt

The European Central Bank has written to Greek banks urging them not to increase their exposure to Greek sovereign debt to avoid endangering the solidity of their finances, a source told AFP on Wednesday.

Mar 25, 2015, 17:50 PM IST

Greece emergency funding on ECB agenda this week: Source

The European Central Bank will again examine whether to extend emergency funding to Greek banks at a meeting this week, a source familiar with the ECB`s thinking on the matter told AFP on Tuesday.

Mar 10, 2015, 20:08 PM IST

ECB raises emergency funding cap to Greek banks to 68.3 billion euros: Source

The European Central Bank agreed on Wednesday to raise the emergency funding available to Greek banks to 68.3 billion euros ($78 billion), a slight increase on the previous limit, a person familiar with the ECB talks said.

Feb 19, 2015, 02:43 AM IST

ECB lifts amount of emergency lending available to Greek banks

The European Central Bank has increased the volume of emergency liquidity available to Greek banks to USD 74 billion, bank sources said.

Feb 12, 2015, 23:59 PM IST

Greek banks` solvency not at risk: ECB council member

Greek banks are not currently at risk of running out of money, a member of the European Central Bank`s decision-making governing council said in an interview published Wednesday.

Feb 11, 2015, 17:25 PM IST

Berlin prepares for possible Greek exit from euro: Report

Germany has made preparations for the possibility of Greece leaving the eurozone, including any run on Greek banks, a German newspaper reported Wednesday without giving its sources.

Jan 07, 2015, 16:24 PM IST

ECB trims haircut on Greek banks' collateral: Source

The European Central Bank has reduced the haircut it applies on bonds submitted by Greek banks as collateral to borrow funds, a Greek central bank official told Reuters on Thursday, in a move to boost their access to liquidity.

Oct 16, 2014, 16:25 PM IST