ECB review of Greek lenders under way, could be done by end-October

Luxembourg

EUROPEAN Central Bank (ECB) president Mario Draghi told euro-area finance ministers that a review of Greek banks is under way, according to Jeroen Dijsselbloem, the Dutch representative and leader of the group.

As a result, the bank review is on track to finish up by the end of October and, if needed, banks could access some recapitalisation funds from Greece's bailout relatively quickly, said European Stability Mechanism (ESM) chief Klaus Regling.