NBG posts 557 mln profit in Q1
Eurobank posts Q1 net profit of 70 mln
Piraeus announces Q1 loss of 407 mln as provisions mount
Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
Piraeus Bank raises 1.38 bln in share capital increase
Banks tout ambitious NPE plans to return to European mainstream
Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
Alpha and Piraeus banks successfully completed at the beginning of the week their capital increases of 1.2 and 1.75 billion respectively via private placements conducted through book-building processes with foreign investors.
Both transactions were reportedly oversubscribed by more than 1.5 times, confirming the recent strong investor interest in Greek bank stocks.
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