Greek Deputy FinMin: Banks Will Reopen on Monday

Greek Deputy Finance Minister Dimitris Mardas said on Friday that all banks will open on Monday, offering a wide range of services, although a 60-euro daily...

National Bank of Greece Elects New Chairman Panayiotis Thomopoulos

On Thursday the National Bank of Greece elected Panayiotis Thomopoulos as its new chairman, replacing chairwomen Louka Katseli. Thomopoulos is the former deputy governor of the...

Tsipras on New Greek Bank Recapitalization

The bill on the renewed recapitalization of Greece’s banks may be tabled at the Greek parliament as soon as this week, according to Hellenic...

Samaras Shakes It Up, Hardouvelis New Finance Chief

Greek Prime Minister Antonis Samaras, his New Democracy Conservatives still reeling from being beaten in the European Parliament elections by the major opposition Coalition...

Sale of Finansbank will have Significant Benefits for National Bank, Chairman Says

National Bank will be the strongest bank in the Greek banking market, based on its capital and liquidity, with the aim to play a...

Threat Note For Anastasiades, Banker

Newly-elected Cypriot President Nicos Anastasiades, who is imposing a plan he had previously opposed that will confiscate big chunks of bank deposits, and Central...

Greek Βank Deposit Οutflows Eased in March

Greek bank deposit outflows showed a significant decrease in March, reducing fears regarding the country’s banking system that has suffered a shock by the...

Greek Banks Get Positive Stress Test Results from Moody’s

The results of a stress test round for the four Greek systemic banks -- Alpha Bank, Eurobank, National Bank and Piraeus Bank -- are...

BoG Governor: Greek Banking System has Turned Page

In a statement to "Efimerida ton Syntakton" newspaper, Bank of Greece (BoG) Governor Yannis Stournaras said that "today, the Greek banks are based on more solid...

Coalition MP’s Oppose Foreclosure Plan

Greek Prime Minister Antonis Samaras' plan to let banks seize homes if people can't afford to pay their mortgages because of unrelenting austerity measures...

Greece to Further Ease Capital Controls

The Greek government will announce in the next few days a further easing of capital controls, local media report. The withdrawal limit from bank accounts...

Moody’s: Reduction of NPLs ‘Credit Positive’ for Greek Banks

On Monday Moody's said that a reduction of non-performing loans and of operating spending by Greek banks was a "credit positive" move for banks. In...

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