{"id":6091,"date":"2014-03-11T13:21:44","date_gmt":"2014-03-11T13:21:44","guid":{"rendered":"https:\/\/hfsf.odh.gr\/?p=6091"},"modified":"2021-01-07T14:02:29","modified_gmt":"2021-01-07T14:02:29","slug":"second-half-2013-activities-report-of-the-hellenic-financial-stability-fund-hfsf","status":"publish","type":"post","link":"https:\/\/hfsf.odh.gr\/en\/second-half-2013-activities-report-of-the-hellenic-financial-stability-fund-hfsf\/","title":{"rendered":"Second Half 2013 Activities Report of the Hellenic Financial Stability Fund (HFSF)."},"content":{"rendered":"\t\t
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The Hellenic Financial Stability Fund (HFSF) announces its activities report, which covers the period from July to December 2013.<\/p>\n

The CEO Anastasia Sakellariou, said: “The HFSF consistent in its scope of work successfully
implemented in 2013 a series of actions that were intended to preserve the stability of the
Greek banking system and to support the credit institutions.
The HFSF will continue its mission to create those conditions which will allow the
recapitalization of the banks and further attract new private capital with ultimate
goal\/aiming to be re-privatized.”
The main points of the report, during the above-mentioned period, are:<\/p>\n

1.Supported Financial Institutions <\/strong><\/p>\n

I. HFSF\u2019s submission of input at<\/strong> the Ministry of Finance (MoF) and the Bank of Greece (BoG) with regards to the financial sector strategy report.<\/p>\n

II. HFSF\u2019s actively involvement<\/strong> in the monitoring of the design of the banks\u2019 restructuring plans, which will be submitted by the four systemic banks to the DG Comp for approval, as soon as the capital needs are announced by the BoG.<\/p>\n

III. Provision of consents and in certain case temporary derogations to<\/strong>
consent requests<\/strong> has been granted to the four systemic banks in accordance
with the provisions of the RFAs.<\/p>\n


IV. Participation,<\/strong> as an observer, in the Bank of Greece\u2019s Banks\u2019 Loan Books
Diagnostic Assessment with regards to the Troubled Assets Review (TAR)
work stream.<\/p>\n

2. Issues per systemic bank<\/p>\n