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
Eurobank gears up for crucial but contentious capital increase
Eurobank, Greece’s fourth largest lender, is preparing to carry out before the end of this month a share capital increase that will ensure its capital adequacy but which has many opponents due to the controversial nature of the method that has been chosen.
An Extraordinary General Meeting (EGM) at Eurobank approved on April 12 a capital increase of 2.86 billion to address its 2.95 billion capital needs. The latter were identified by the Bank of Greece (BoG) under the baseline scenario following the Blackr...
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