Search Results for: European Central Bank (ECB)
European Central Bank Press Release on Greek ELA
July 7th, 2015
European Central Bank Press Release : 6 July 2015 – ELA to Greek banks maintained Emergency liquidity assistance maintained at 26 June 2015 level Haircuts on collateral for ELA adjusted Governing Council closely monitoring situation in financial markets The ...
ECB to keep tight funding grip on Greek banks after ‘no’ – sources
July 6th, 2015
The European Central Bank (ECB) is likely to maintain emergency funding for Greek banks at its current restricted level, people familiar with the matter said on Sunday, a move that will see lenders run out of cash soon. There ...
ECB Said to Raise Cap on Emergency Liquidity for Greek Banks
June 23rd, 2015
The European Central BanK (ECB) increased the cap on emergency liquidity for Greek lenders for the fourth time in less than a week, said a person familiar with the matter. The Governing Council raised the limit on the funds in ...
Deal or no deal, Greece still faces bankruptcy
May 4th, 2015
Despite hopes that Greece and its lenders will come to some agreement in May, not everyone is convinced that a deal – which could unleash a last tranche of much-needed bailout aid — can resolve the country’s looming debt ...
ECB: Euro area bank interest rate statistics – February 2015
April 2nd, 2015
The composite cost-of-borrowing indicator for new loans to corporations1 decreased by 8 basis points from the previous month to 2.34% in February 2015. The composite cost-of-borrowing indicator for new loans to households1 for house purchase remained broadly unchanged at ...
European Central Bank and Bank of England announce measures to enhance financial stability
March 30th, 2015
European Central Bank and Bank of England announce measures to enhance financial stability in relation to centrally cleared markets in the EU The European Central Bank (ECB) and the Bank of England (BoE) are today announcing a series of ...
Bank of Indonesia Rate Lowered by 25 bps to 7.50%
February 17th, 2015
On 17th February 2015, the Bank Indonesia Board of Governors decided to lower the BI Rate 25 bps to 7.50%, with the Deposit Facility rate also reduced 25 bps to 5.50% and the Lending Facility rate maintained at 8.00%, effective ...
Laiki and the European Central Bank in the New York Times
October 27th, 2014
The bankruptcy and accumulated debts of the Laiki Bank were a key element of the Cyprus financial crisis. A recent article (“To Restore Confidence in Economy, A Test of Europe’s Bank’s”, October 17) in The New York Times discusses ...
European banks raise more capital before ECB stress test
October 13th, 2014
Euro zone banks have raised 35 percent more capital ahead of the European Central Bank’s (ECB) latest stress test than they had set aside before the 2011 review, according to a report published by law firm Linklaters. The euro ...
Statement by the European Commission, ECB and IMF on the Fifth Review Mission to Cyprus
July 25th, 2014
Staff teams from the European Commission (EC), European Central Bank (ECB), and the International Monetary Fund (IMF) visited Nicosia during July14-25, 2014 for the fifth review of Cyprus’s economic program, which is supported by financial assistance from the European ...