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Friday, June 13, 2014

Citi Announces Agreement to Sell Consumer Bank in Greece

Citi has signed an agreement with Alpha Bank to sell its consumer banking business in Greece along with its Diners Club of Greece SA credit card operations. The sale includes approximately $600 million in GAAP assets, 480,000 customers, $1.4 billion in deposits and $540 million in customer receivables .

READ THE ORIGINAL POST AT finance.yahoo.com