TITLE

Greece: Banking Sector To Support Recovery

PUB. DATE
September 2009
SOURCE
Emerging Markets Monitor;9/28/2009, Vol. 15 Issue 25, p15
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the important role that can be played by Greece's banking sector in economic recovery. It details how the Greek banking sector avoided the systemic crisis. It projects an average asset growth of 9.2 percent over 2009-2013 compared with 15.8 percent over the course of 2004-2008. It also anticipates both the loan-to-asset and loan-to-deposit ratios to remain broadly unchanged.
ACCESSION #
44371358

 

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