Eurobank aims to attract high-quality investment capital

2 November 2015
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Eurobank aims to attract more high-quality private investment capital and to establish its position in its natural space, the private sector, the Greek bank said on Monday.

In a letter to its personnel, Eurobank’s management said that “the evaluation of ECB/SSM is a strong starting point to begin -in the next few days- our effort to cover the bank’s fully manageable capital needs and its capital fortification,” adding that existing shareholders fully support this effort.

“A recapitalizatin of the banking system is critical for the country’s economic outlook. Therefore, we look forward to the success of share capital increase plans for all Greek banks and we believe that current data allowed optimism over the positive outcome of this process,” the bank’s management said.

“Completion of the recapitalization will allow creation of necessary conditions for the return of deposits, so that our bank will be able to move with the financing of Greek households and enterprises and to deal with the big problem of non-performing loans in a fair and efficient way with the necessary social sensibility,” the bank said.

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