Stournaras: Greek banks’ exposure to Credit Suisse ‘almost zero’

The exposure of Greek banks to Credit Suisse is “almost zero,” Greek central bank chief Yannis Stournaras told Reuters on Monday.

“They (the Greek banks) are not exposed to Credit Suisse’s Additional Tier 1,” Stournaras, who also sits on the ECB’s 26-member Governing Council, said, adding that Greek banks are solid. [Reuters]