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Friday, July 12, 2013

Decision on Hellenic Postbank Proton sales due on Friday

The Hellenic Financial Stability Fund was expected to decide on Friday on the sale of Hellenic Postbank and Proton Bank.Greece's fourth-largest lender Eurobank is expected to clinch the deals, according to sources. The bank submitted a bid to buy small lender Proton Bank on Thursday ahead of a July 15 deadline for the country's bank rescue fund to sell it.Meanwhile Hellenic Postbank ...

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