Banking

Results 151 to 160 out of 174.

Photo by MacroPolis Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets

In an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus.

Photo by MacroPolis Piraeus Bank posts net loss of 1.56 bln in Q3

Piraeus Bank posted a net loss of 1.56 billion euros in the third quarter (Q3) of 2014 from a profit of 164.3 million in Q2, according to results published late on Tuesday.

Photo by MacroPolis Value of HFSF participation in Greek banks falls to 17 billion

The publication of the Hellenic Financial Stability Fund (HFSF) interim financial report for the first half (H1) of 2014 showed a loss of 3.51 billion entirely due to accounting loss (unrealized capital loss) of 3.5 billion stemming from its bank holdings and warrants.

Results 151 to 160 out of 174.