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  1. Greek banks' equity raising could keep official support to a minimum

    Economy

    split among the four systemic banks. The first tier includes Alpha and Eurobank, with capital needs.... Eurobank The bank announced on October 29 a voluntary exchange offer for a total of 877 million... securities. We understand that Eurobank could strengthen its capital base by up to 790 million if all

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  2. PM joins forces with some eurozone partners to lobby for "corona-bond"

    PoliticsGreek Politics

    emergency healthcare spending and pay for economic support measures. The initiative, spearheaded

    38%
  3. Newsletter 50 - 06/11/2015

    Newsletters

    systemic banks. The first tier includes Alpha and Eurobank, with capital needs at the low end, at 263... cases are have already begun, by Alpha (for a total of 1.09 billion outstanding bonds), Eurobank (877... on Thursday. Assuming successful LMEs, Alpha would need to raise around 1.7 billion and Eurobank 1.3 billion

    37%
  4. Alpha, Eurobank raise 4.6 bln in private capital: Here's exactly what it means
    Photo by MacroPolis

    Agora

    Two of the four systemic Greek banks, Alpha and Eurobank, have announced the completion... capital would be reduced to around 11 percent from its current level of 66.24 percent. Eurobank Eurobank... in capital mitigating actions approved by the SSM. This means that Eurobank will also avoid needing any

    36%
  5. Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
    Photo by MacroPolis

    EconomyBanking

    One of Greece’s four systemic banks, Eurobank, has announced shortly after releasing its third... percent of Eurobank. The merger will create the best capitalised bank in Greece, with total capital ratio... including housing, consumer and business. In its nine-month results, Eurobank listed 14 billion euros

    36%
  6. Government commits to uniformed personnel pay rises amid clamour for higher incomes

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis has been forced to commit to pay rises for all uniformed..., coast guard and fire service to be awarded more pay following the recent announcement of wage... that more pay increases would be announced in due course but “under the right conditions and at the right

    35%
  7. Eurobank sells insurance arm to Fairfax for 316 mln
    Photo by MacroPolis

    EconomyBanking

    Eurobank announced on Tuesday that it has reached an agreement with its shareholder Fairfax... of Eurobank’s initial restructuring plan approved by the European Commission in April 2014, which... the transaction, Eurobank will retain a 20 percent stake in Eurolife. The cash consideration for the 80 percent

    35%
  8. Eurobank’s NPL sales take major step with two transactions
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank announced on Thursday that it had entered into a binding agreement with PIMCO’s Celidoria...-named Project Pillar by Eurobank. In an announcement on their website, Eurobank outlined the terms... Cairo. Bravo Strategies also agreed to the sale of a majority stake in Project Europe, Eurobank’s

    35%
  9. Eurobank net profits at 256.7 mln in 2019
    Image via www.eurobank.gr

    EconomyBanking

    Eurobank recorded net profits of 107.6 million euros in the fourth quarter (Q4) of 2019 compared... government’s Hercules scheme for reducing bad loans received its first application from Eurobank.... In a statement of their own, Eurobank outlined that Cairo I and II had been submitted for inclusion

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  10. Are investors getting a bargain with Eurobank?

    Agora

    offer submitted by a consortium of investors for Eurobank’s capital increase. The approval signals... to a 6-month lock-up period and have also declared their intention to actively participate in Eurobank... Eurobank's second largest shareholder, controlling a stake of 29.6 percent. The next phase involves

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