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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economyand now stands at 11.01 percent in Alpha (from 66.24 percent before), at 2.38% in Eurobank (from 35.41... respectively. In Eurobank, Fairfax and Capital hold 16.88 and 8.34 percent of the bank’s shares... in Alpha, 65 million in Eurobank, 50 million in NBG and 70 million in Piraeus. In the recently held
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingof the financing provided will be targeted to enhance youth employment. Eurobank Eurobank announced on December... was established in 1994 and became member of Eurobank Group since 2006. Since March 2014, Eurobank management has committed to sell its Ukrainian subsidiary and therefore Eurobank operations in Ukraine were
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A snapshot of Greek banks' ABS as ECB readies for next move
Economybillion, while Eurobank’s figure stands below 1 billion. In addition, they hold covered bonds (mainly... by Alpha and Eurobank at 3.6-3.7 billion, while Piraeus figure stands slightly above 1 billion... euros, with NBG’s figure slightly below 13 billion, Alpha and Piraeus at 7-7.5 billion and Eurobank
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Newsletter 48 - 23/10/2015
that managed to raise at least 10 percent of their capital needs from private investors. In contrast, Eurobank.... billion be fully subscribed by the HFSF. Thus, the HFSF’s participation in Eurobank’s share... participation in the banks’ share capital currently stands at 35.41 percent in Eurobank, 57.24 percent
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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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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBanking. Eurobank was the only bank out of the four systemic lenders to post weaker profits in this half... million euros. Eurobank reported a YoY drop in PPI of 3.4 percent, bringing the total to 398.6..., taking the total to 594 million. Eurobank’s net fee and commission income rose by 13 percent YoY to 156
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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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