Ela
Moody's: Greek banks repayment of emergency funding a credit positive
Greek banks' full repayment of emergency liquidity assistance (ELA) drawn from the domestic central bank is credit positive as it reduces their funding costs, ratings agency Moody's said in a credit outlook report on Thursday.
Greek central bank ceases publication of emergency funding data
Greece's central bank said on Thursday it had stopped publishing data on emergency liquidity assistance extended to Greek lenders after the facility dropped below the threshold set by the European Central Bank in 2017.
ECB lowers Greek banks' ELA cap to 4 bln euros
The European Central Bank has lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 900 million euros to 4 billion euros, the Bank of Greece said on Thursday.
The move reflected improved liquidity conditions, taking into account private sector deposit flows and banks' access to wholesale financial markets, it said.
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ECB lowers emergency funding cap for Greek banks to 4.9 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 100 million euros to 4.9 billion euros ($5.60 billion), the Bank of Greece said on Thursday.
ECB lowers emergency funding cap for Greek banks to 8.4 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 8.4 billion euros, the Bank of Greece said on Thursday.
ECB lowers emergency funding cap for Greek banks to 10.3 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 0.6 billion euros to 10.3 billion euros ($12.03 billion), the Bank of Greece said on Thursday.
ECB lowers emergency funding cap for Greek banks to 10.9 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.3 billion euros to 10.9 billion euros, the Bank of Greece said on Thursday.
Greek banks' ELA dependence declines
Emergency central bank funding to Greek lenders dropped by 0.65 billion euros, or 6.4 percent, in May compared to the previous month, Bank of Greece data showed on Tuesday.
Emergency funding, which is considerably more costly than borrowing from the European Central Bank, dropped to 9.56 billion euros from 10.21 billion euros at the end of April, the data showed.
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ECB lowers emergency funding cap for Greek banks to 12.2 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.5 billion euros to 12.2 billion euros ($14.40 billion), the Bank of Greece said on Thursday.
ECB lowers emergency funding cap for Greek banks to 14.7 bln euros
The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 1.9 billion euros to 14.7 billion euros, the Bank of Greece said on Thursday.