Last €9.89 EUR
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As of 10:10 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

bank of greece (TELL) Snapshot

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bank of greece (TELL) Details

Bank of Greece A.E. operates as the central bank of Greece. It participates in the formulation of the single monetary policy in the euro area; manages part of the European Central Bank’s foreign exchange and gold reserves; oversees payment systems and settlement systems; promotes arrangements for the maintenance of financial stability; collects statistical data from monetary financial institutions; and issues euro banknotes, and circulates and handles euro banknotes and coins. The company also supervises credit institutions; supervises and monitors insurance and reinsurance firms, as well as insurance intermediaries; and manages and operates the system for monitoring transactions in book-entry securities. In addition, it holds and manages the country’s official reserve assets, such as the foreign exchange and gold reserves; acts as treasurer and fiscal agent for the government; compiles and publishes statistics on the Greek economy and conducts specialized statistical surveys; and publishes reports and carries out policy-relevant research and analysis of the economic conjuncture and the monetary policy. It operates a network of 17 branches, 35 agencies, and 9 outlets. The company was founded in 1927 and is headquartered in Athens, Greece.

Founded in 1927

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bank of greece (TELL) Key Developments

The Bank of Greece Announces Executive Changes

Greece's former finance minister Yannis Stournaras has been tapped to head the country's central bank, two days after he was replaced in a cabinet reshuffle. The Bank of Greece said that it was nominating Stournaras to take over from the current governor, George Provopoulos, whose term expires next week. The central bank's proposal is expected to be formally approved by the government. Stournaras was appointed finance minister in mid-2012, and handled Greece's bailout negotiations with the International Monetary Fund and European Union. He also oversaw the country's tentative return to financial markets earlier this year. He was replaced at the ministry by Gikas Hardouvelis, chief economist at Eurobank.

Bank of Greece A.E. to Report Fiscal Year 2013 Results on Jan 20, 2014

Bank of Greece A.E. announced that they will report fiscal year 2013 results After-Market on Jan 20, 2014

Bank of Greece A.E., Annual General Meeting, Feb 27, 2014

Bank of Greece A.E., Annual General Meeting, Feb 27, 2014. Location: 21, E. Venizelos Avenue. Agenda: To consider and approval of the appropriation of net profits, in accordance with Article 71 of the Statute, totaling EUR 831,149,203, as follows: gross dividend to be paid: EUR 0.6720 per share on 19,864,886 shares EUR 13,349,203 payable to the government EUR 817,800,000; to consider announcement of appointment of a member of the monetary policy council; to consider and approval of the remuneration and travel expenses of the members of the general council; to consider and approval of the auditors' fees for the year 2014; to consider discharge of the members of the general council and of the auditors from all personal responsibility in connection with the bank's activities and management for the year 2013; to consider election of members of the general council; and to consider election of auditors for the year 2014.


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