Bank Equity to Bank Assets rose to 11.0% in Greece in second quarter of 2019

Bank equity as a share of bank assets reached 11.0 % in second quarter of 2019 in Greece, according to the National Central Bank. This is 4.54 % more than in the previous quarter.

Historically, bank equity as a share of bank assets in Greece reached an all time high of 12.2 % in third quarter of 2017 and an all time low of -1.07 % in first quarter of 2012. When compared to Greece's main peers, bank equity as a share of bank assets in Albania amounted to 10.4 %, 12.4 % in Bulgaria, 11.6 % in Macedonia and 11.3 % in Turkey in second quarter of 2019.

Greece has been ranked 42nd within the group of 90 countries we follow in terms of bank equity as a share of bank assets, 10 places above the position seen 10 years ago.

Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.