Four Greek banks in breach of LCR
Alpha Bank, Eurobank Ergasias, National Bank of Greece and Piraeus Bank short €22.5 billion of HQLA
Four Greek banks were short a combined €22.5 billion ($25.6 billion) of easy-to-sell assets needed to bring their liquidity coverage ratios to 100%, the required minimum, as of end-June 2018.
A European Banking Authority report on liquidity measures states that all but these four banks across a sample of 140 lenders in the European Union have high-quality liquid assets (HQLA) in excess of net cash outflows as measured under the LCR rule.
The four are all classified as systemically important
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