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.
Turkish banks complain of 'too strict measures'
Representatives from Turkish banking industry said several strict measures, which were put during extraordinary times, should be lifted during ordinary times at a meeting in Istanbul on April 9.
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Turkish banks still vulnerable to investor sentiment: Fitch
Banks' role as Turkey's largest external borrowers, with their debt the primary source of finance for the country's considerable current account deficit, leaves them vulnerable to sharp changes in investor sentiment, Fitch Ratings said in a written statement on April 9.
Fitch: Failure of Greek banks a real possibility
Fitch Ratings said in a statement on Tuesday that the Greek government?s intention to create a ?bad bank? is a positive step toward achieving reform because it recognized that high volumes of nonperforming loans (NPLs) are impeding new lending.
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World Bank body to help Turkey grow export sector
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group, has announced that it will help Turkish Eximbank provide medium- and long-term funds to Turkish exporters.
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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.
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Profit of Bulgarian Banks Grew by BGN 47 M Y/Y in Feb 2015
In February 2015 the profit of the banking system was BGN 196 million, up by BGN 47 million on the year, according to the Bulgarian National Bank (BNB).
In the February 2015 the banking system's liquidity position continued to build up and the balance sheet capital and deposit base grew.
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.