Insider Business Hellenic announces transfer of another 4559 CCB accounts

Hellenic announces transfer of another 4559 CCB accounts

Hellenic Bank said on Thursday that after intensive discussions and consultations with the Finance Ministry and the former CCB it had agreed to the transfer of 4559 new overdraft facilities.

These had remained in limbo after they were not included by the CCB in the operations that were transferred to Hellenic at the end of August.

Hellenic Bank said the agreement concerns 4559 overdraft facilities with a total limit of approximately €25 million and a balance of €21 million. Specifically, 3670 facilities concern individuals and 889 concern companies.

In the light of the definitions of ECB, which are also applied by Hellenic Bank, the overdraft facilities were classified as non-performing since they were linked either directly or indirectly to non-performing loan(s).

The facilities will be immediately reactivated, including all other facilities e.g. standing orders, cheque books, cards, etc, Hellenic Bank said.

The bank said it will inform all affected customers. The vast majority of customers will be informed via SMS or by telephone. A small number of customers that do not have any other contact details will be informed via mail.

“We would like to sincerely thank all those involved, whose efforts in the last few days have contributed towards finding a solution to the problem. More specifically, the Central Bank, the Ministry of Finance, the House of Representatives, the Financial Ombudsman and the former CCB officials,” Hellenic Bank concluded.

Top Stories

Medical students volunteer to supervise implementation of measures

The Health Ministry will proceed with carrying out rapid tests to the employees (weekly) and the residents (monthly) of old people’s homes, rehabilitation centers...

Metropolitan Isaias refuses to recognize Metropolitan of Kiev and Ukraine

Metropolitan Isaias of Tamasos and Orini says he refuses to recognize anyone else as the Metropolitan of Kiev and Ukraine. In a memo, Metropolitan Isaias...

Another two confirmed cases of COVID-19 in Rizokarpasso

Another two confirmed cases of COVID-19 have been found in Rizokarpasso yesterday. According to Presidential Commissioner Fotis Fotiou, the two are the children of a...

SPAVO Helpline sees a 40% increase in calls in 2020 due to pandemic

SPAVO, the Association for the Prevention and Handling of Violence in the Family, has seen an increase of 40% in the calls it received...

Elementary school suspends operation due to asphalt plant

Students of the Third Elementary School of Idalion will abstain from their lessons for three days with the prospect of escalating the measures indefinitely...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...