On Tuesday Hellenic Financial Stability Fund announced the
way in which temporary aid of EUR18 billion has been allocated among Greece's
four major lenders. National Bank of
Greece SA got EUR7.43 billion, EFG Eurobank Ergasias SA EUR3.97 billion, Piraeus
Bank SA EUR4.7 billion and Alpha Bank AS EUR1.9 billion. These four banks
together make up approximately 80% of banking system assets of Greece. The
money was distributed on Monday. This financial aid guarantees that Greek banks
can access the liquidity funding provision from the ECB and the Eurosystem. Now
the banks are able to support the economy.