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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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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economy, including 5.8 billion to Eurobank, which was fully recapitalised by HFSF. This figure was later increased by 681 million to 25.6 billion, following the acquisition of Hellenic Postbank by Eurobank... 81 to 84 percent for Alpha, National and Piraeus and 95 percent for Eurobank. The resolution costs
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Where Greek banks stand ahead of capital needs disclosure
EconomyGreek systemic banks (Alpha, Eurobank, National and Piraeus) and informed them about the outcome... the rounds in the last few months. Same reports point to higher capital shortfalls for Eurobank and National... recap process. Eurobank has already initiated a capital increase process of 2 billion with anchor
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Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
EconomyBankingof our mission,” she said. Sakellariou also confirmed that the troika had opposed the National-Eurobank... favoured the deal. She dismissed criticism relating to the price of Eurobank’s last capital increase... the Eurobank shares last year. Sakellariou said the fund’s primary mission was to deal with banks’ negative
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Newsletter 1 31/10/2014
of a stake Eurobank was the only Greek bank seen needing any additional capital and even in this case... surplus (2 billion euros) under the dynamic adverse model. Eurobank’s minimal shortfall of 18 million... (37.6 and 42.8 percent respectively) and Eurobank (34.1 and 36.3 percent respectively. NBG showed
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The government decisions that could shape the future of Greek banks
Economy. HFSF currently holds: 1) a minority stake in Eurobank (35.41 percent) and 2) a majority stake... place in Eurobank on February 1, when Nick Karamouzis was named new non-executive chairman... was perceived as market-friendly by the investment community since Karamouzis has served as Eurobank
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DTA may spell new trouble for Greek banks
Agoraranging from a low of 35.9 percent for Alpha to a high of 53.8 percent for Eurobank. The comparison with the tangible equity (TE) - which also excludes preference shares of 950 million for Eurobank... of TE. Alpha enjoys the lowest ratio at 37.1 percent, with Eurobank at the high end at 71.6 percent
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Greek banks' equity raising could keep official support to a minimum
Economysplit 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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