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Final structure of bank recap taking shape, cautious optimism for outcome
Economythat managed to raise at least 10 percent of their capital needs from private investors. In contrast, Eurobank... by the HFSF. Thus, the HFSF’s participation in Eurobank’s share capital was with full voting rights... capital currently stands at 35.41 percent in Eurobank, 57.24 percent in National, 66.24 percent
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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economybefore and that of Greek individuals to 1.51 percent from 9.08 percent previously. Eurobank A broadly similar pattern is evident in Eurobank’s shareholders’ structure. The HFSF now controls just 2.38... new shares. Bondholders who accepted the LME hold 13.79 percent of shares, while Eurobank insurance
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
Agorastraight month, Eurobank’s figure turned negative for the first time, while NBG posted marginal NPL... also fell by 100 million in the course of Q2. On the flipside the NPE stock of Alpha and Eurobank... to the bank’s operations in the Greek market. A similar message was recently conveyed by Eurobank CEO
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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingwell received by markets, with the FTSE ATHEX banking index rising 13.2 percent since Eurobank got the ball rolling on the systemic banks reporting their full-year earnings for 2020. Eurobank itself... their NPE-reduction plans to their regulator, the Single Supervisory Mechanism. Under the plans, Eurobank
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Newsletter 298 - 28/05/2021
share capital raise as Eurobank sees modest profit increase Three of Greece’s system banks reported Q1 earnings this week, with just Eurobank able to report a net profit, as Alpha Bank and Piraeus Bank... quarter of 2020. Eurobank, which booked its “Cairo” securitization in 2020, posted a net profit
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Newsletter 365 - 13/01/2023
in Piraeus Bank, 9 pct in Alpha Bank, 1.40 pct in Eurobank and almost 63 pct in the smaller size Attica...: Alpha Bank, Eurobank, NBG and Piraeus Bank. In the first round of recapitalisation, The HFSF’s... billion in Piraeus, 5.73 billion in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingpct in Eurobank and almost 63 pct in the smaller size Attica Bank. The Greek government sees HFSF’s... euros, of which 27.5 billion related to the four core banks: Alpha Bank, Eurobank, NBG and Piraeus.... Of that amount, 8.46 billion was injected into NBG, 6.85 billion in Piraeus, 5.73 billion in Eurobank
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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBankingin October, when Eurobank bought back a small 1.4 pct stake from HFSF, acquiring roughly 52 million shares... though that was a formality and the transaction closed with Eurobank paying just short of 94 million... in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became the dominant shareholder
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Greece and the euro: The flight of Icarus
Agora($310 billion) from its bailout is going towards repaying existing debt means the amount Greece owes
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomythe YtD amount to 310 million. The February outflow stemmed from a rise in resident’s investment
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