HYM
-
Greek banks to be recapitalised by Friday
Greece's four largest commercial banks will receive 18 billion euros of recapitalisation funds by Friday, a senior banker at one of the four said on Tuesday. "We will get the money by Friday at the latest. Maybe we will get it tomorrow," said the banker, who declined to be identified. The funds are needed to recapitalise Alpha Bank, National Bank, EFG Eurobank and Piraeus Bank. Once they receive the recapitalisation, in the form of European Financial Stability Fund bonds, the banks will be able to resume funding operations with the European Central Bank, he said. "With this 18 billion euros in EFSF bonds we will ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 22, 2012 5:59am May 22, 2012 5:59am
- Ndralounge
- | Joined May 2012 | Status: Member | 44 Comments
- Comment #2
- Quote
- May 22, 2012 6:09am May 22, 2012 6:09am
- explorer101
- | Joined Apr 2012 | Status: Member | 357 Comments
- Comment #3
- Quote
- May 22, 2012 6:36am May 22, 2012 6:36am
- clockwork71
- | Commercial Member | Joined May 2007 | 1176 Comments
- Comment #4
- Quote
- May 22, 2012 6:49am May 22, 2012 6:49am
- seanosms
- | Joined Nov 2009 | Status: Member | 142 Comments
- Comment #5
- Quote
- May 22, 2012 6:52am May 22, 2012 6:52am
- stfkasambeko
- | Joined Apr 2012 | Status: Member | 5 Comments
- Comment #6
- Quote
- May 22, 2012 7:29am May 22, 2012 7:29am
- jajano
- | Joined Feb 2009 | Status: Super Trader | 126 Comments
- Comment #7
- Quote
- May 22, 2012 7:46am May 22, 2012 7:46am
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments