Greek bank access to bailout cash to be restricted: Sources
Greek banks will have restricted access to bailout funds until a fresh injection of equity to recapitalize them…
Browsing Tag
Greek banks
NBG-Egypt ‘not affected’ by Greek banking crisis
A senior National Bank of Greece (NBG) official declared the bank’s activities in Egypt were unaffected by the…
Greek Banks to remain shut this week
Greek banks are closed this week as the country's debt crisis took a dramatic turn. Greeks are struggling to find…
Greek Stock Market to be closed all week
Greece's stock market will remain closed for as long as banks are not open to the public, the country's Capital…
Greece Faces Resistance to Extra Emergency Funds for Banks
The European Central Bank faces resistance from Germany to allowing any extra emergency lending for Greek banks,…
ECB Trims Haircut On Greek Banks’ Collateral: Greek Central Bank Source
The European Central Bank has reduced the haircut it applies on bonds submitted by Greek banks as collateral to…
Eurozone Provides Greek Banks With Further 7.2 Bn Euros
The EU has given Greece another aid instalment, worth 7.2 billion euros, to help recapitalise its stricken banks as…
Piraeus Bank Not To Exit Egyptian Market: Nayera Amin
Piraeus Bank Egypt has a five-year plan to be implemented by the beginning of next year so as to foster its…
Credit Agricole To Pick Greek Unit Buyer Monday,Proto Thema Says
Credit Agricole SA on Monday, Aug. 27, will pick for exclusive discussions one of the three Greek banks that want…
NBG Negotiates With Credit Agricole Over Greek Unit
National Bank (NBGr.AT), Greece's biggest lender, said on Monday it was in talks with France's Credit Agricole…
