President of Hellenic Bank Association and National Bank Luca Katselli ruled out the possibility of a deposits haircut and a new banks recapitalization.

“Greek systemic banks just came out from a successful recapitalization process … and offer a very strong capital base,” she reassured on Sunday in an interview with Kathimerini newspaper.

Regarding the non-performing loans, she said that this “is a priority for the Greek banking system and important initiatives are being taken towards that direction”.

Mrs. Katselli also estimated that capital controls can be lifted in 2016 provided that all conditions are met.