20 June 2018

ELA limit for Greek banking sector at €33,6B

21 September 17 - RE+D Magazine
ELA limit for Greek banking sector at €33,6B


IBI Group

Consultant - GREECE


Consultant - GREECE

Solum Property Solutions

Consultant - GREECE


Public entity - GREECE


Antulio Richetta

Director IBI Group
The Governing Council of European Central Bank, in a meeting on Wednesday, did not object to an ELA-ceiling for Greek banks of 33.6 billion euros, up to and including Wednesday, 4 October 2017, following a request by the Bank of Greece.


The Greek central bank, in an announcement released on Thursday, said that the reduction of 0.3 billion euros in the ceiling reflects an improvement of the liquidity situation of Greek banks, taking into account private sector deposits flows.


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