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…
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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…
Three Greek Banks Eye Acquiring Crédit Agricole’s Greek Unit
Greece’s three biggest lenders – National Bank of Greece, Alpha Bank and Eurobank EFG have shown interest in buying…
Deposits Return To Greek Banks After Elections
Deposits are trickling back to Greek banks after a conservative victory in Sunday's election assuaged fears the…
Top Greek Banks Received €18 Bln Support
Greece handed 18 billion euros (14.39 billion pounds) to its four biggest banks on Monday, the finance ministry…
ECB Stops Loans To Some Greek Banks
The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as President…
Greeks Withdraw Funds From Banks
Greece's political leaders meet on Wednesday to form a caretaker government to take it to a second election in just…
Four Greek Banks Lose $37 Bln On Debt Restructuring
Greece’s four biggest banks reported a combined loss of 27.9 billion euros ($36.9 billion) for last year after…
Piraeus Bank To Sell Egypt’s Unit
Five parties from Middle East and North Africa are attracted to acquire Greece's Piraeus Bank arm in Egypt, valued…
Greek banks may not need all of EU/IMF aid
Greek banks hit by the debt swap might not need all the aid allocated by the EU and IMF to help them weather the…
Greece’s Alpha Bank calls off merger plans with Eurobank
Alpha Bank (ACBr.AT) has scrapped plans to tie up with rival Eurobank (EFGr.AT) in what would have been Greece's…