Attica Bank has capital gap of 1.02 bln euros

31 October 2015
60 Views

Greece’s central bank said on Saturday it conducted a comprehensive assessment on small Greek lender Attica Bank, in line with the European Central Bank’s health check of the country’s four big banks.

The Bank of Greece said Attica Bank has a capital gap of 1.021 billion euros under the adverse scenario of the stress test and a shortfall of 857 million euros under the baseline scenario.

Attica Bank will submit a capital plan to the Bank of Greece on how it plans to cover its capital shortfall, the central bank said.

You may be interested

African heatwave to hit Greece from Thursday
GREECE
shares33 views
GREECE
shares33 views

African heatwave to hit Greece from Thursday

Panos - Jun 26, 2017

Greece is bracing itself for an African heatwave starting from Thursday, when temperatures are expected to reach over 42-43 degrees…

Bloomberg: Can an Ancient Greek Win America’s Wars?
DEFENCE
shares36 views
DEFENCE
shares36 views

Bloomberg: Can an Ancient Greek Win America’s Wars?

Panos - Jun 26, 2017

It’s been a scorching week in Washington, what with daily revelations about Russian hacking, the Senate stumbling its way to…

Moscovici: Agreement is good, but a few more measures are needed…”
FINANCE
shares42 views
FINANCE
shares42 views

Moscovici: Agreement is good, but a few more measures are needed…”

Panos - Jun 26, 2017

In an interview to Thema newspaper, the European Commissioner for Economic and Financial Affairs Pierre Moscovici said there were still…

Leave a Comment

Your email address will not be published.