Banking

Banking

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The European Central Bank (ECB) kept Emergency Liquidity Assistance (ELA) steady for Greek banks but adjusted the haircut on the collateral the lenders offer as security,...

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Greek banks will be closed until Wednesday, July 8, after a meeting among Greece's banks and the Greek Finance Ministry led to the decision...

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Greek Finance Minister Yanis Varoufakis and Hellenic Bank Association President Louka Katseli have refuted a Financial Times report regarding a 30% haircut on Greek deposits. The...

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The meeting between Greek Finance Minister Yanis Varoufakis, government Vice President Yiannis Dragasakis, Deputy Finance Minister Dimitris Mardas and Greece's bankers was completed. The meeting was attended by...

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The capital controls that were recently imposed to Greece by its government left PayPal paralyzed, as the online payment company relies exclusively on the traditional banking sector...

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  The capital controls the Greek government has imposed have one loophole. Greeks can in fact withdraw their money if they are willing to convert their euros into bitcoin. The...

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Greek Prime Minister Alexis Tsipras and cabinet members do not know when banks will reopen, despite the fact that the Greek government had announced...

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As of Thursday, Greeks will be able to make deposits and payments in 289 branches of the National Bank of Greece (NBG) and 174...

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Greek banks significantly reduced the number of their branches in Greece in 2014, the European Central Bank said in a report on Wednesday. Greek bank...

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Fitch Ratings downgraded Greek banks to "restricted default" Monday, a day after the Greek government imposed capital controls that include limits on deposit withdrawals...

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The European Central Bank (ECB) will stop providing Emergency Liquidity Assistance (ELA) to Greece, the BBC reports, citing unnamed sources. The end of emergency lending to...

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Alpha Web Banking will operate with limited functionality during the weekend 27 – 28 June 2015. This is the announcement of the Greek bank,...