Eurobank has covered share issue to plug capital gap, says source
Greece’s third largest lender Eurobank has fully covered its share offering to fill a capital shortfall revealed in a European Central Bank health check last month, a bank official told Reuters on Tuesday.
“The capital increase has been covered,” the official said on condition of anonymity.
The bank is seeking to raise up to 2.04 billion euros ($2.17 billion) from investors.
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