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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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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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Greek banks' capital actions underway, state aid seen as low as 4.7 bln
Economystand at 180 million euros for Alpha, 83 million for Eurobank, 120 million for NBG and 271 million... euros allowed by the law. Eurobank The bank had initially announced a capital increase... into consideration the approved mitigation actions. Eurobank has also the option to boost its capital by 720
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Banks focus on defining challenge of reducing NPEs
EconomyBankingbillion across the year bringing the ratio for the group at 51.7 percent. Eurobank’s stock of NPEs... target for NPEs is to reduce the balance to 16.8 billion by December 2019. The target for Eurobank... the process of disposing packages of problematic loans when Eurobank in October sold a pool
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Newsletter 288 - 12/03/2021
refuses to commit to a specific date. Eurobank posts loss of 1.21 bln euros Price of shedding bad loans is biggest loss since 2014 Eurobank posted its biggest loss since 2014 last year as the price... euros in 2019. Eurobank noted that this figure included a loss of 1.33 billion euros from the bank’s
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Positive sentiment around banks continues to grow
EconomyBankingsix banks by up to two notches and granting the investment grade to Eurobank and NBG. Fitch Ratings... holds a minor stake of 1.4 pct at Eurobank and the bank has officially expressed its interest to buy... the competitive bid process. The market expectation is that Eurobank will eventually secure that stake
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