The recapitalization of Greeceās banks is being completed and the next step is to return to normal financing methods by the European Central Bank (ECB) and lift capital controls in the first quarter of 2016, the head of the Hellenic Bank Association and National Bank of Greece governor, Louka Katseli, said on Monday.
Katseli, speaking at the presentation of the Annual Greek Trade Report (2015), also said banks are now expecting the governmentās proposal for the non-performing loans to achieve an effective framework. The next step, she continued, is to achieve the return of bank deposits to lenders, adding however, that all relevant parties must help build confidence.
Moreover, Katseli announced the lowering of charges and fees for ordinary transactions with businesses.
(Source: ANA-MPA)
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