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The Incredible Shrinkage Of The Greek Banking Sector

Kleingut, (2017), “The Incredible Shrinkage Of The Greek Banking Sector”, Observing Greece, 14 Νovember

The Greek banking sector has undergone massive changes since the crisis culminated with the First Memorandum in the spring of 2010. The tables below show how the aggregated assets, liabilities and equity of all Greek banks (excluding the Bank of Greece) developed between June 2015 and September 2017. It should be noted that these are aggregated (and not consolidated) figures, i. e. there may be significant overstatements of assets and liabilities. The equity should not be overstated.

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