Tag Archives: liabilities

National Bank of Greece announced Probank license revoked and bank’s assets and liabilities transferred

Posted on 29, July 2013 by

29-7-2013 — /EuropaWire/ — Probank, a small bank with a market share in the range of 1 per cent in terms of assets, has informed the Bank of Greece that it has not managed to raise the funds required for its … Read the full press release →

Posted in Banks, Business, Financial, Greece, Law

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The EC approved liquidation aid for the Agricultural Bank of Greece (ATE Bank)

Posted on 6, May 2013 by

Brussels, 6-5-2013 — /europawire.eu/ — The European Commission has concluded that liquidation aid granted by Greece in favour of Agricultural Bank of Greece (ATE Bank) was in line with EU state aid rules. In particular, the Commission found that the aid was … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Greece, Investment, Law, Politics

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Clarification by the Central Bank of Cyprus (CBC) in response to media reports with regard to a paper by the European Central Bank (ECB)

Posted on 16, April 2013 by

Paper on the framework for resolution of credit and other institutions 16-4-2013 — /europawire.eu/ — In response to media reports with regard to a paper by the European Central Bank (ECB), in relation to the recovery and resolution of banks, the … Read the full press release →

Posted in Banks, Business, Cyprus, Economy, European Union, Financial, Government, Law

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