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Saturday, January 20, 2018

National Bank of GREECE has eliminated its dependency on ELA funding

The National Bank of GREECE (NBG) is the first Greek bank that has achieved to entirely eliminate its dependency on the European Central Bank΄s Emergency Liquidity Assistance (ELA), bringing its ELA borrowing to zero. According to sources the bank has not only managed to wean itself off costly ELA ...


READ THE ORIGINAL POST AT www.tornosnews.gr