Bank

Extra 1.2 bln in ELA for Greek banks seen as just covering outflows

By Yiannis Papadoyiannis

The governing council of the European Central Bank on Thursday stuck to the pattern established in previous weeks as it marginally expanded ? by 1.2 billion euros ? the cash available to Greek lenders in emergency liquidity assistance (ELA) via the Bank of Greece, as they struggle to cope with the continued deposits outflow.

Komercijalna bank increases market share

Komercijalna bank increases market share

BELGRADE -- Komercijalna Banka (bank) AD Beograd "continued to successfully operate in 2014 and accomplished all its objectives set in the Strategy and Business Plan."

The bank reported an increase in volume of operations of RSD 42,5 billion or 12 percent, which provided it with a market share of approximately 13 percent.

EU banks watchdog calls for fast solution on Greece

The head of Europe?s banking supervisory authority, Daniele Nouy, on Tuesday called for a rapid solution to Greece?s debt problems in order to reduce the uncertainty for the banking sector.

Nouy, who heads the Single Supervisory Mechanism (SSM), told a hearing before the European Parliament that the Greek banks have ?a much better solvency situation than in previous years.?

European Central Bank considers Greek banks solvent

The European Central Bank considers Greek banks to be solvent, the head of its supervisory arm told a conference on Friday.

?We consider Greek banks to be solvent,? said Daniele Nouy. The view is important because Greek banks must be solvent in order to qualify for emergency liquidity assistance.

[Reuters]

Govt targets deposits of Greek citizens in Swiss banks

A meeting was held on Thursday at the Maximos Mansion between the Minister of State Nikos Pappas, the official responsible for combating corruption Panagiotis Nikoloudis and the Swiss State Secretary for International Financial and Tax Matters in the FDF Jacques De Watteville, in order to discuss ways to check if money exported to Swiss banks was legally taxed.

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