The banks go through the most difficult period of the past decades in their attempt to find capital of billions to replace the losses from Greece and to avoid nationalization. The European Banks’...
The additional funds that Marfin has to find until June 2012 reach €2.1 billion and this will be covered with the issue of co co bonds of €0.7 billion, a bond loan of €0.6 billion, the ongoing...
The €3.6 billion that the Cypriot banks need according to the European Banking Authority, will be reduced considerably when a detailed assessment of the value of bond held is carried out, a Central...
According to new Central Bank data released today, the deposit growth accelerated slightly in September unlike the credit growth which remained at the same level. According to the figures, the...
The additional funds that Bank of Cyprus must raise until June 2012 reach €1.5 billion, which might be covered by the existing coco bonds of €0.9 billion from the bank’s profits. The bank issued...
Banks in Cyprus will need €3.6 billion so as to cover the additional capital requirements that the agreement of the EU Summit provides for. The recapitalization plan announced by the European...
The Cypriot banks, as the European ones, face capital challenges due to their exposure to government bonds and any additional capital needed must stem primarily from the banks themselves, a Finance...
The bankers will give battle over time to convince the parties and the Parliament on the problems they tracked down in the governmental bill for the state support of the banks. In view of the...
The European leaders are called on today to give the final solutions to the debt crisis plaguing the euro area over the last 21 months. The leaders of the euro area member states will meet for...
The Council of Ministers approved on Tuesday the two controversial bills that provide for the nationalization of the banks. The Commercial Banks’ Association disagreed with the bills yesterday,...