Greece's Central Bank Chief George Provopoulos: Banks Are Well Capitalised

Greece's lenders have enough bailout funds to cover any bad loans that may blight balance sheets in the future, according to the country's central bank.

George Provopoulos, the governor of the Bank of Greece, was referring to revelations yet to come from an imminent report by asset manager BlackRock into the financial health of the nation's banks.

"I cannot run ahead of the results of BlackRock's report. But I can safely say that there is enough leeway to cope with any capital need," he told financial website bankingnews.gr.

BlackRock will deliver its findings on lenders' loan portfolios to the Bank of Greece on November 30. A week later it will deliver the results for the loan portfolios of subsidiaries abroad.

The International Monetary Fund has predicted Greece will emerge from a six-year recession with growth of 0.6% in 2014.

BlackRock has posited worst-case scenario rates of recovery - in contrast to IMF figures - in order to determine local banks' minimum capital requirements.

Greek banks have received €40bn (£33.32bn, $54.1bn) from their international creditors so far - part of the country's €240bn ($325bn, £201bn) bailout package.

Provopoulos also said that in October there was another €8bn to €9bn of bailout funds available to the country's lenders, and that Greece would post its first current account surplus for decades, later this year.

The country's creditors, known as the Troika, is composed of the European Union (EU), European Commission (EC) and International Monetary Fund (IMF). The three have been pressing Greece to continue with harsh austerity measures, and simmering tensions have spilled over.

Recently, Jeroen Dijsselbloem, the president of the Eurogroup told Ta Nea, the daily Greek newspaper, that eurozone finance ministers were losing patience with Greece's sluggish response to its credit obligations.

The Greek government submitted a draft budget to parliament last week without the demanded cuts in wages or hikes in taxes demanded by the Troika.

"For the first time, the major sacrifices made by the Greek people are paying off, with the first signs of recovery this year. The conditions are being created for Greece's return to international markets within 2014,'' said Greece's deputy finance minister Christos Staikouras.