Bank of Greece Completes Capital Hike

The National Bank of Greece has raised collects private funds of at least 1.1 billion euros, ($1.47 billion) increasing its capital without issuing contingent convertible bonds (CoCos). As newmoney.gr reports, the National Bank of Greece approached its target to cover 12% of the share capital increase by private funds. The administration weights the amount of funds that the bank will raise, in ...

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