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Athens Macedonian News Agency: News in English, 13-06-26

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Piraeus Bank completes share capital increase successfully

  • [01] Piraeus Bank completes share capital increase successfully

    ANA/MPA--Piraeus Bank completed on Tuesday successfully its share capital increase plan as part of the bank's recapitalization.

    In an announcement Wednesday, the bank said that it raised private capital of 1.455 billion euros, covering 19.83 percent of its goal of 7.335 billion euros.

    The event will allow the bank to avoid issuing converticle bonds (CoCos).

    A full report on the final coverage of the total recap will be published on Friday, following checks by the bank's board of managers and the Hellenic Financial Stability Fund.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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