Greece's Eurobank gets green light for 2.9 billion euro share issue

Greece's third-largest lender Eurobank (EURBr.AT) got approval on Saturday from the country's bank rescue fund, its main shareholder, for a 2.86 billion euro (2.37 billion pounds) share offering to plug a capital shortfall. Eurobank expects the share offering to be completed by May, its board told shareholders on Saturday. Eurobank will be the third Greek lender after Alpha Bank (ATH:ALPHA) and ...

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