Bank of Greece

Yannis Stournaras stresses need to shield Greek economy against international turmoil

Bank of Greece (BoG) governor Yannis Stournaras in an interview with ‘Parapolitika’ newspaper on Saturday stressed the need to shield the Greek economy against international turmoil and align with what has been agreed with the partners.

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“Greek banking system is sound, rgardless of the recent stock market developments” says Stournaras

“The ongoing improvement of the liquidity situation of Greek banks reflects the improved condition of the Greek financial system.

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Greek banks’ private sector deposits for July rise by 841 million euros in a single month

Private sector deposits in Greek banks increased by 841 million euros in July to 130.2 billion euros from 129.4 billion the previous month, the Bank of Greece said on Tuesday.

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Greece returns to the markets, achieves record growth says central bank governor Stournaras

Greek economy will record higher growth rates under conditions in the near future, Bank of Greece governor Yannis Stournaras estimated in the Monetary Policy Report submitted to parliament.

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Almost 1 billion euros of deposits placed by the private sector, Bank of Greece announces

In May 2018, deposits placed by the private sector increased by 919 million euros, compared with an increase of 870 million euros in the previous month and the annual growth rate stood at 7.4 pct from 7.2 pct in the previous month, according to the Bank of Greece.

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Non-performing loans falling in 2017 but banks need to review their plans, Bank of Greece reports

Non-performing loans fell in 2017, credit risk is down compared with previous quarters, but a further decline will depend on developments in the country’s macro-economic data, the Bank of Greece said in a report released on Thursday.

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Bank of Greece reports a 7.447 billion primary surplus for the January-April 2018 period

The Greek state budget showed a primary surplus of 7.447 billion euros on a cash basis in the January-April period, from a deficit of 404 million euros in the corresponding period last year, the Bank of Greece said on Thursday.

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Greece needs social stability and consensus to return to normality, BoG governor says

Greece needs social stability and consensus to achieve the country’s return to normality, Bank of Greece’s governor Yannis Stournaras said on Monday.

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BoG governor Yannis Stournaras, rejects all allegations against him in Novartis case

Bank of Greece (BoG) governor Yannis Stournaras rejected all allegations against him related to the Novartis case on Wednesday and said he is appearing in Greek Parliament to confirm the independence of the central bank and its governor and show respect for the country’s institutions.

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Travel receipts down in 2016, despite more tourist arrivals, central bank report says

Travel receipts in 2016 totalled 13.207 billion euros, or 6.5 pct lower than the previous year, in spite of 7.5 pct increase in tourist arrivals, according to a Bank of Greece report on the travel services’ balance in 2016.

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