The annual financial statements of the Bank of Greece comprise the Balance Sheet, the Profit and Loss Account, the Note on Profit Distribution the Notes to the Financial Statements.
Under Article 54A of the Bank‘s Statute, the financial statements of the Bank of Greece are drawn up in accordance with the accounting principles and methods established by the European Central Bank (ECB) and applying to all members of the European System of Central Banks (ESCB). Any issues that are not covered by the aforementioned rules and ECB guidelines or are governed by non-mandatory provisions are to be treated either in accordance with the ECB recommendations or in accordance with the Bank’s Statute, Law 4548/2018 "Reform of the law on sociétés anonymes" and Law 4308/2014 “Greek Accounting Standards, relevant arrangements, and other provisions” insofar as they do not contravene the provisions of the Statute.
It is noted that, under Article 8 par. 1 (a) of Law 3556/2007 “Transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market, and other provisions”, the Bank of Greece is exempted from the requirement to provide periodic information to investors in the form of a bi-annual financial report and quarterly financial statements.