Bank of Greece

Greek central bank sells 20 tons of gold

The central bank of Greece has sold 20 tonnes of gold reserves. The Bank will invest the proceeds in a bonds portfolio including Greek government and other top-grade bank paper, its deputy governor Nikos Paleokrassas told Agence France-Presse.

Yugoslav, Greek national banks sign agreement

National Bank of Yugoslavia (NBY) and National Bank of Greece governors Mladjan Dinkic and Nicholas Garganas on 27 December signed an agreement on bilateral cooperation, including data exchange on business operations and bank control.

Inflation worries Greek central bank

The Bank of Greece has warned of the danger of inflationary pressures building up and has called on the government to take measures. Central bank Governor Nikos Garganas met with Prime Minister Costas Simitis earlier this week and discussed this issue.

Bank of Greece set to improve transparency

GREECE - The Bank of Greece on Friday indicated that restrictions on consumer and personal loans could be lifted next year on condition that the current slowdown in credit growth continues at the same pace and a forthcoming study can prove that Greek…

Greece's Garganas hosts central bankers at club

GREECE - Bank of Greece Governor Nicholas Garganas is chairing a session of the Central Bank Governors' Club - which includes his counterparts of 16 Balkan, Black Sea and Central Asian nations - in the seaside resort of Nafplion on Friday.

Bank of Greece picks Garganas as new governor

GREECE - The Bank of Greece on Monday picked Deputy Governor Nicholas Garganas to succeed Lucas Papademos at the helm of the central bank and fill a seat on the governing council of the European Central Bank.

Central bank of Greece goes live with finance kit

GREECE - Trema, the premier provider of financial technology, today announced that Bank of Greece has gone live with Finance KIT after completing the second phase of the implementation project, making it the first central bank to benefit from Trema's pre…

Bank of Greece to up 2000 dividend

Bank of Greece, the country's central bank, said on Mar 8 that net profit in fiscal 2000 rose 52 percent to 167.2 billion drachmas ($457 million) versus 110.1 billion in 1999.

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