Piraeus Bank confident it can plug shortfall
Piraeus Bank, Greece’s second-largest lender by assets, is confident that its plan to plug a 4.93-billion-euro capital shortfall revealed by the European Central Bank’s health check will succeed, its chief executive said on Sunday.
“Apart from the ongoing liability management exercise, the bank’s capital-boosting plan involves raising funds from private investors and other actions,” CEO Anthimos Thomopoulos said.
“Based on our recent contacts with international institutional investors, we are convinced that our plan can be concluded successfully in a short timespan,” he said.
You may be interested
23 christians killed in Egypt!makis - May 26, 2017
Gunmen opened fire on two buses and a truck carrying Coptic Christians in Minya, Egypt on Friday, killing at least…
Students slightly injured after school bus capsizes in Serres, northern Greecemakis - May 26, 2017
One child suffered a fracture when a school bus from the Vamvakofyta primary school was run off the road by…
Papademos -bleeding- carried into the ambulance! (video)makis - May 26, 2017
A shocking video from the moments after the bomb attack against the former Prime Minister of Greece Lucas Papademos in…