Daniele

Single Supervisory Mechanism (SSM) chief Daniele Nouy held talks with the heads of the country's four systemic banks on Monday. The discussions centered around the intensification of efforts to reduce bad-loan stocks, streamlining bank finances, financing the economy and the lenders' corporate governance.

The head of the ECB's Single Supervisory Mechanism (SSM), Daniele Nouy, completed a two-day visit to Athens on Tuesday, during which she met with Greece's central banker Yannis Stournaras and representatives of lenders to discuss the health of the country's banking system.

The chief of the ECB's Single Supervisory Mechanism (SSM), Daniele Nouy, is in Greece for a two-day visit starting Monday, according to reports.

Nouy is expected to meet with Bank of Greece governor Yannis Stournaras and representatives of the country's lending institutions in the wake of the successful stress tests.

The heads of Greece's banks returned to Athens from Frankfurt last week concerned about the European Central Bank's intentions regarding the upcoming stress tests.

Daniele Nouy, the chair of the European Central Bank's Single Supervisory Mechanism (SSM), has highlighted the delays in the settlement of nonperforming corporate loans, adding that debts secured by main residences are not the priority.

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.?

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]