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National Bank of Greece Governor: Capital Controls Gone by Early 2016

The president of Hellenic Bank Association and National Bank governor Louka Katseli  said in a meeting with the National Confederation of Commerce and Entrepreneurship (ESEE) on Monday that she is in favour of secondary business opportunities and the settlement of bad loans.
She added that capital controls will be lifted by early 2016. Katseli underlined that the banks recapitalization will be made in the framework of the normalization of the economy which has to be followed by the return of deposits in Greek banks.
The president of ESEE raised a series of banking problems that enterprises have to face, including the high cost of e-banking services, the extremely high commission on debit and credit cards for both consumers and traders.
(Source: ANA-MPA)

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