ELA ceiling for Greek banks eases by one bln€ to €32.6 bln

Thursday, 05 October 2017 15:51
UPD:15:52
REUTERS/ALKIS KONSTANTINIDIS

The Bank of Greece (BoG) on Thursday announced that the governing council of the ECB acquiesced to a reduction of the ELA ceiling for Greek banks by one billion euros.

The ceiling is now €32.6 billion, up to and including Thursday, Oct. 26 2017, following a request by the BoG.
The reduction in the ceiling reflects an improvement of the liquidity situation of Greek banks, taking into account private sector deposits flows.

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