The joint visit of the Chair of the Single Resolution Board (SRB) and the Chair of the ECB Supervisory Board (SSM) to the Bank of Greece was completed
12/01/2024 - Press Releases
The two-day visit to Athens and the Bank of Greece by the Chair of the Single Resolution Board (SRB) Dominique Laboureix and the Chair of the ECB Supervisory Board (SSM) Claudia Buch, who took office a few days ago, was completed.
At the end of the visit, the Governor of the Bank of Greece noted “We had an excellent meeting with Claudia Buch, Dominique Laboureix and our colleagues. We discussed all issues that fall within our remit in a climate of mutual trust and excellent cooperation”.
The Chair of the ECB Supervisory Board, Claudia Buch, thanked the Governor of the Bank of Greece and its supervisors for their commitment and very productive, trustful collaboration since the start of ECB Banking Supervision 10 years ago. "Good European collaboration in the banking union and strong supervision have played a decisive role in the progress made by the Greek banking sector" she said.
The Chair of the Single Resolution Board, Dominique Laboureix, said “This visit is a good example of the excellent cooperation between the European authorities on the one hand and the national authorities on the other – it is vital to have this close collaboration in order to protect financial stability. The Greek banking sector has come a long way since the financial crisis. This is a good news story even if we must always remain vigilant”.
The heads of the two European institutions met with Governor Yannis Stournaras and top executives of the Bank of Greece. They also met with Bank of Greece executives from supervisory departments, whom they thanked for the excellent level of cooperation and exchanged views on all current issues of banking supervision.
As part of their visit to the Bank of Greece, the heads of the two European supervisory authorities met with representatives of the management of Greek banks and the Hellenic Bank Association. They also had contacts with the Greek government.
Agenda items included the current situation and prospects for Greek banks, as well as issues of supervisory interest and cooperation between the two European institutions and the Bank of Greece.
Photograph:
Photo: The Chair of the Single Resolution Board (SRB)
Dominique Laboureix, the Chair of the Supervisory Board of the ECB (SSM)
Claudia Buch with Bank of Greece Deputy Governor
Christina Papaconstantinou and members of administration and supervisory executives of the Bank of Greece.