Greek bank

Greek private sector bank deposits increased by 0.4 percent month on month in November, for the first time since May. According to the Bank of Greece, their balance reached 161.04 billion euros. Net inflow stood at 394 million in November,...

Greece's Alpha Bank says it has raised enough capital to avoid being nationalized, the first Greek bank to meet that target. The country's third-largest lender by assets said Monday that foreign investors contributed significantly to its rights issue and private...

Consumer and firms΄ deposits in banks in troubled Eurozone member states remained mainly stable in November, the European Central Bank data showed, indicating that worst fears of bank collapses or even a Eurozone exit are receding. The ECB managed to...

Greece has extended the deadline for its banks to report already-delayed financial results to December 21, the country's finance ministry said on Friday. The government had postponed the deadline to October 31 and then to the end of November, pending...

As the government plans to make another $17.45 billion in spending cuts and tax hikes remained stuck in talks, the Athens Stock Exchange fell 6.3 percent on Oct. 9 as investors fretted that the delay could affect Greece's chances...

After several scares over whether Greece would default and go back to the drachma from the euro, which led Greeks to take out billions of dollars from the country's banks, deposits are slowly starting to come back, according to...

The recapitalization of Greece’s four largest banks will not be completed until the end of the year, or in early 2013, at the soonest, newspaper To Vima said, without citing anyone. The original plan for 10 percent of recapitalization funds...

Greece΄s bank support fund will receive 25 billion euros today worth of bonds from the European Union to be used to recapitalize the country΄s banks. The bonds from the European Financial Stability Facility, which are meant to help Greek banks...

Greek bank officials are expecting the local credit sector to shrink rapidly in 2012 and the following years, as daily Kathimerini reports today. They estimate that major lenders will merge to create two or three big banks, while most...