Attica Bank has capital gap of 1.02 bln euros
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
Greek PM meets Donald Trump amid growing US tensions with TurkeyPanos - Oct 17, 2017
Alexis Tsipras, the Greek prime minister, will meet Donald Trump on Tuesday in an official visit to Washington that has…
Surprise! NASA has confirmed that Earth has a new Moon!Panos - Oct 17, 2017
Earth’s been hiding a little secret from its partner, the moon. Turns out the Earth has had a “mini-moon” on…