Greek banks are focusing on funding viable business plan and reiterate that they have the necessary capital to hep enterprises implement their business plans. At the same time, Greek banks continue supporting their consistent customers in the retail banking business, particularly in mortgage and consumer credit, and proceed with a settlement of loans for their customers facing payment problems, hoping that gradually a large part of them will manage to gain access to banking products.
Comments made by Fokion Karavias, Eurobank’s CEO, addressing a Growth Awards event, are characteristic and echoes the position of the domestic banking system: “There is no one to come to Eurobank with a good business plan, with prospects of success, and not find a solution to finance it”.
“Lack of healthy demand for loans is currently a larger problem for the banking system and the economy than liquidity limitations in banks,” Karavias said.
Nikolaos Karamouzis, Eurobank’s chairman, addressing the event, underlined the importance of business activity in the sustainable recovery of the country. “In this period of big overthrows it is imperative the need for entrepreneurship to close ranks in a new patriotism, responsibility, investments and social contribution to the country. Business community has a leading role in creating the conditions necessary for the return of the economy and the country to normality and growth. It is the main partner of an alliance with society, politics and modern Greek academic that will lead the national effort to promote reforms, investment increase, economy recovery, creating job positions, incomes and wealth.“
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