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Tuesday, July 16, 2013

UPDATE 1-Greeces Piraeus expects to pass year-end stress tests

Mon Jul 15, 2013 8:11am EDT
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ATHENS, July 15 (Reuters) - Greece's Piraeus Bank expects to pass stress tests due by the end of the year to satisfy the country's international lenders of the adequacy of capital buffers.
After plugging a 7.3 billion euro ($9.5 billion) capital hole last month, Piraeus has a core Tier 1 capital adequacy ratio of 14.5 percent, ...

READ THE ORIGINAL POST AT www.greekherald.com