ELA funding Archives - Keep Talking Greece

ECB approves ELA funding for Greek banks

January 22, 2015 Economy Comments Off on ECB approves ELA funding for Greek banks

The European Central Bank approved the application the Bank of Greece to activate the Emergency Liquidity Assistance (ELA) for systemic banks of the country. According to Imerisia.gr, the ELA funding will go to Eurobank, Piraeus and Alpha Bank. The fourth systemic bank, National Bank, has apparently not submitted an ELA …

BoG confirms “two banks requested ELA funding” – Which banks…

January 16, 2015 Economy Comments Off on BoG confirms “two banks requested ELA funding” – Which banks…

Bank of Greece sources confirmed to several media that two Greek banks made a request for Emergency Liguidity Assistance (ELA) funding from the Bank of Greece in December. However, they did not confirm the amount of liquidity that it was asked, neither did they disclose the names of the banks. …

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