Orders for Greece’s Alpha Bank share issue said to total € 2.5 bln

18 November 2015
103 Views

Orders for Alpha Bank’s share offering to plug a capital shortfall reached around 2.5 billion euros ($2.7 billion), nearly 1 billion euros more than what it wants to raise, two sources at the bank told Reuters on Wednesday.

Alpha Bank, Greece’s fourth largest lender, is aiming to raise 1.55 billion euros from private investors.

It is one of four banks that must plug an overall capital shortfall of 14.4 billion euros uncovered by the European Central Bank last month.

Reuters

You may be interested

From Goa to Greece, Airbnb wants the travel-mad Indian millennial to ditch the hotel room
FINANCE
shares18 views
FINANCE
shares18 views

From Goa to Greece, Airbnb wants the travel-mad Indian millennial to ditch the hotel room

Panos - Oct 23, 2017

From roping in Bollywood celebrities to partnerships with local state governments, Airbnb, the online marketplace for accommodation, is trying to…

Brussels Airways flights to Kalamata begin in April 2018
GREECE
shares33 views
GREECE
shares33 views

Brussels Airways flights to Kalamata begin in April 2018

Panos - Oct 23, 2017

Brussels Airways will commence direct flights from the Belgian capital (Zaventem) to Kalamata, in extreme southern Greece, next year. Flights…

Heavy Rain and Storms Expected from Monday
GREECE
shares37 views
GREECE
shares37 views

Heavy Rain and Storms Expected from Monday

Panos - Oct 23, 2017

The weather in Greece is expected to take a turn for the worse on Monday, with an extended dry spell…

Leave a Comment

Your email address will not be published.