Greek central bank

ELA trend reversed on bailout worries

Emergency central bank funding to Greek lenders rose by 300 million euros, or 0.7 percent, in February compared to the previous month, Bank of Greece data showed on Monday.

Emergency funding, which is more costly than borrowing from the European Central Bank, increased to 43.1 billion euros at the end of February from 42.8 billion euros at the end of January, the data showed.

ELA unchanged for Greek banks

The European Central Bank maintained the cap on emergency liquidity assistance Greek banks draw from the domestic central bank at 51.8 billion euros, the Bank of Greece said on Thursday.

The move reflected stabilizing liquidity conditions in Greece's banking sector, taking into account private sector deposit flows, the Greek central bank said.

ECB lowers emergency bank funding for Greece

The European Central Bank lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 0.3 billion euros to 69.1 billion euros, the Bank of Greece said on Thursday.

The move reflected improving liquidity conditions in Greece's banking sector, helped by the stabilization of private sector deposit flows, the Greek central bank said.

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