Piraeus and Alpha forge ahead with share capital raises and securitisations

EconomyBanking Tags: Alpha, Banking, Piraeus
Photo by MacroPolis
Photo by MacroPolis

Activity in Greece’s banking sector continues unabated as Greek systemic lenders proceed with their plans to improve their balance sheets and leave behind the legacy of the decade-long debt crisis.

Piraeus Bank was the first to tap the positive mood around Greece and the sector, through a share capital increase of 1.38 billion euros, following a three-day book-building process that priced the 1.2 billion new shares at the top of the range at 1.15 ...

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