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Eurobank gears up for crucial but contentious capital increase
EconomyBankingthe minimum price for the upcoming book building process. The book-building process is anticipated... without pre-emptive rights will be carried out through: a) An international offering via a book
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Are investors getting a bargain with Eurobank?
Agoraan international offering via a private placement through a book building process, reportedly scheduled... book value per share (TBV) to 0.39 euros from 0.54 in 2013. The former (0.39 euros) incorporates... via the capital increase process at a price of 0.30, the respective price-to-book value (P/TBV) stands
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Greek bank capital increases: A breakdown of what has been achieved
Economyoversubscribed by international institutional investors through a book-building process outside of Greece... of 2.86 billion via a private placement to an anchor investor (1.33 billion), a book-building process... raisings were fully determined by the market via the book-building processes. The market cap of the four
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Athens meets bond targets despite testing market conditions
Economybillion, including 300 million from the joint lead managers. The book opened a couple of hours later..., there was a sizeable enough book and little price volatility to allow the yield to settle at 3.5... an order book of over 6 billion, including 320 million from the joint lead managers. The transaction
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Piraeus Bank posts net profit of 185 mln in 2018
EconomyBankingand had a total gross book value of 1.8 billion. Two further bad loan portfolio sales are also on schedule with a total gross book value of 1.7 billion euros. These are code named Project Nemo, (secured... loan disbursements at spreads higher than the back book and reduced funding costs. Deposits also
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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingwith total on-balance sheet gross book value of approximately 1.8 billion euros, code named Project Neptune... with total on-balance sheet gross book value of 1.9 billion euros, code named Project Orion... Basel III CET1 ratio stood at 14.8 percent in June. The bank noted that their tangible book value
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingof a portfolio of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... of a retail portfolio secured with residential real estate assets with total on-balance sheet gross book... gross book value of 1.8 billion euros. Finally, Piraeus Bank has 1.6 billion euros worth of NPE
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingof NPEs and Real Estate Owned (REO) assets in Cyprus with a Gross Book Value of approximately 3.2... of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... that their tangible book value stood at 8 billion euros, which was among the highest level among their Greek peers.
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingportfolios, Phoenix and Vega. The first portfolio, code-named Phoenix, carries a gross book value... a mixed portfolio, which carries a total gross book value of 12 billion euros. Up to 3.7 billion euros... of this portfolio, the bank plans to reduce NPEs on its book through restructuring and reperformance
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Greece issues new 10 yr bond as investor appetite returns
Economybook opened on Tuesday 10:30 local time and the initial guidance was for mid-swaps +170 to 175 basis... Germany and Finland announcing upcoming new issues, Greece’s book attracted high quality offers... basis points. At its peak, the order book reached 17 billion euros and the final terms were announced
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