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Wednesday, April 16, 2014

Greece's National Bank to seek up to 2.5-bn euro capital hike

Greece's top lender National Bank on Wednesday said it would ask its shareholders to approve a capital increase of up to 2.5 billion euros ($3.5 billion) next month. "The board has decided to call an extraordinary general meeting on May 10 to approve a share capital increase... of up to 2.5 billion euros," the bank said in a statement. All four of Greece's main lenders have been told by the ...

READ THE ORIGINAL POST AT au.finance.yahoo.com