Bank of Greece (BoG)

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 Greek banks in the month of July, thus lowering the total Greek bank deposits to...

The imposition of capital controls showed that Greeks have over 50 billion euros stashed away under mattresses, in drawers, buried in the yard or in bank safety deposit boxes. In July, with capital controls in full effect for the whole...

The European Central Bank (ECB) did not accept the request of the Bank of Greece (BoG) and the Capital Market Commission for reopening the Athens Stock Exchange without restrictions for Greek investors, who will not be able to use existing deposit...

In a meeting on Friday, the Bank of Greece (BoG) along with Greek government representatives agreed to give businesses a breath of air. Many imports to Greece have been held up as Greek businesses have been unable to pay them due...

Final decisions concerning the reopening of the Athens Stock Exchange will be taken next week, senior Finance Ministry officials said on Thursday. Representatives of the Bank of Greece (BoG), the Capital Markets Commission, the stock exchange and the Members Association...

The bridge loan that Greece desperately needed in order to cover the installments to its creditors has finally arrived at the Bank of Greece (BoG). “As Greece blew past multiple political and financial supposed end-dates over the past five months, July 20...

Bank of Greece (BoG) Governor Yiannis Stournaras expressed optimism on Friday that the operation of banks will normalize in the next few days, as an agreement between Greece and its creditors is imminent, according to a press release by the bank employees’...

Greek Prime Minister Alexis Tsipras' surprise call for a referendum on the outcome of Greece's bailout talks with creditors led anxious Greeks to line up outside banks to withdraw cash from ATMs on Saturday. According to reports, the amount of...

Banknote circulation has fallen to June 2012 levels following a massive cash withdrawal from bank deposits, a Bank of Greece (BoG) report said on Tuesday. The report noted that the biggest part of deposit outflow was in cash, while the Greek central...

Greek Finance Minister Yanis Varoufakis said on Wednesday he discussed an “ambitious reform agenda” with OECD Secretary General Angel Gurria, as well as an “agreement at a political level,” while he noted that he does not expect a deal at...