Attica Bank may sell bond to plug shortfall

5 March 2016
1116 Views

Greece’s small lender Attica Bank is considering issuing a bond to raise up to 70 million euros ($77 million) and help cover the remaining capital requirements identified in a stress test by the country’s central bank, it said on Friday.

The bank last year raised 681 million euros out of the 749 million euros it sought to plug a capital shortfall under the adverse scenario of the stress test.

Reuters

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