The Hellenic Capital Markets Commission (HCMC) has called the four systemic banks in Greece to provide updates regarding the impact of the bank holiday and capital controls on non-performing loans.
All of the banks responded in writing that at present it is not possible to determine the impact of the capital controls and bank holiday with any certainty. The banks also revealed how dependent they are the European Central bank and Emergency Liquidity Assistance mechanism for funding.
According to their statements, the funding received by Piraeus Bank so far is 37 billion euros, National bank 27.6 billion euros, Eurobank 32.7 billion euros and Alpha Bank 27.8 billion euros, while Attica Bank has received 890 million euros.
