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Bank of Greece Marks Significant Reduction in Deposits in November

A significant reduction was noticed in business and household deposits in Greece in November 2015. According to data from the Bank of Greece, the total...

EU's Costello: Greek Bank Deposits No Longer at Risk of 'Haircut'

Greek bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on Monday during...

Bank of Greece Governor Assures Banks Deposits' Safety

Bank of Greece (BoG) governor Yiannis Stournaras reassured that deposits in Greek banks are fully secured as after the recapitalization of banks the danger of...

Private Sector Deposits up 305M Euros in August‏

Private sector deposits in Greek banks grew by 305 million euros in August, after a decline by 1.397 billion euros in July, totaling 121.138...

Greek Bank Deposits Dropped to 2003 Levels in July

Greek banks lost 39.4 billion euros in deposits between January and July. The Bank of Greece (BoG) announced on Thursday that Greek households withdrew 1.43 billion euros from...

Deposits in Greek Banks Rise Over Past Two Weeks

The Greek banking system could be slowly regaining some pace. Bloomberg reported on Tuesday that since Greek banks reopened on July 20, customers have deposited 1 billion...

Greek Bank Deposits Drop by 8 Billion Euros in June

Bank deposits in Greece fell to 127.5 billion euros in June, whereas in May 2015 they amounted to 135.7 billion, according to data released...

Greek Economy Minister: Banks Will Not Open This Week – Deposits Will Not Be Slashed

During an interview with Bloomberg on Tuesday, Greek Minister of Economy, Shipping and Tourism Giorgos Stathakis said that banks will reopen when the European Central Bank...

Greek Banks Consider Haircut On Deposits Over €8,000: FT

Amidst fears of financial catastrophe, Greek banks are considering to tap into depositors funds the Financial Times reported citing bankers and businesspeople with knowledge...