Greek banks ‘are solvent’ and "are doing their best" - ECB's Nouy

FXStreet (Mumbai) - Speaking as a panellist at a conference organized by the OECD in the French capital, Daniele Nouy, who chairs the European Central Bank's (ECB) Supervisory Board, said that Greek banks have remained well capitalized.

She also said that investors can now trust European banks, as the supervisory mechanism is in place for banking supervision for Europe, ensuring the safety and soundness of the European banking system and increasing financial integration and stability.

Nouy told the audience, "(Greek banks) they are solvent," and that Greek banks "are doing their best" to regain trust.