Bank of Greece

Banks in no rush for end of capital controls

Greek banks are concerned about the prospect of the full lifting of the capital controls, as they would prefer that they remain in place for the time being. Bank chiefs expressed this view at a meeting on Friday with Bank of Greece Governor Yannis Stournaras, which focused on the roadmap for lifting the restrictions.

Greek banks want details on bad loan securitization plans

Greek banks remain cautious about the two alternative proposals for the securitization of nonperforming loans (NPLs) presented to them by the Hellenic Financial Stability Fund (HFSF) and the Bank of Greece. They expect to see details and want to know whether one or both of them obtain European Commission clearance, local bankers told a forum in Athens on Friday.

Aris Georgiou | Thessaloniki | February 7 - April 7

In "USA-Russia: Draw," the National Bank of Greece Cultural Foundation at the Kapandji Villa brings together work from photographer Aris Georgiou's collections "America at 78 rpm. A 1978 Travelogue" and "Uncurtained: Russia '98." Curated by Yiannis Epaminondas, the show highlights the similarities and differences between the two great powers at the time of the Greek photographer's visit.

Bank deposits rise in December

Greek private sector bank deposits rose in December by about 3 billion euros, central bank data showed on Monday, reversing a fall in the two previous months.

Private sector bank deposits had risen for eight straight months before a dip in October and November.

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