Monday December 22, 2014 Search
Weather | Athens
13o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Alpha and Piraeus start capital increase process

Alpha and Piraeus banks announced on Monday the start of their book-building with an aim to increase their share capital and cover their additional requirements as determined by the Bank of Greece a few weeks ago. The definitive decisions will be made at the extraordinary general meetings of the two lenders on March 28.

Alpha confirmed just after the closing of the bourse that it will begin the procedure for its increase on Friday, aiming at the collection of 1.2 billion euros.

Piraeus announced that its “board of directors will seek authorization from the scheduled extraordinary general meeting of shareholders, which will convene on March 28 to proceed with the offering and determine its timing and specific terms and intends to propose a total proceeds amount of up to 1.75 billion euros”.

According to sources, Piraeus’ book will likely close as soon as late Tuesday or early Wednesday, while interest in Alpha is also considerable.

ekathimerini.com , Monday March 24, 2014 (19:42)  
Greek current account deficit shrinks in October
Energy shares and Greek rebound lift European equities
Draghi starts squaring QE circle in month of persuasion for ECB
Euro shaky on ECB and Greece, dollar keeps edge
Parliament to investigate Haikalis claim he invested in stock market
The parliamentary committee responsible for monitoring MPs’ derivation of wealth declarations (pothen esches) is due to meet in the next few days to scrutinize claims by Independent Greeks M...
Tuesday morning stoppage on metro, electric railway and tram in Athens
There will be no service on the Athens metro and electric railway (ISAP) before 8 a.m. on Tuesday due to a protest by employees. The tram will not be available before 7 a.m. either, as worke...
Inside News
SOCCER
Special day for Abidal, lucky one for PAOK
PAOK scraped through its Livadia challenge beating Levadiakos to remain on top of the Super League for Christmas, one point ahead of Olympiakos that enjoyed a great game at Kalloni and offer...
BASKETBALL
Explosive Barca unfazed by Panathinaikos, bomb scare
Panathinaikos lost 80-67 at home to Barcelona on Friday in a rather meaningless game at the end of the first group stage of the Euroleague, but the encounter will be remembered for the bomb ...
Inside Sports
INTERVIEW
Klaus Regling stresses debt sustainability through commitment to reforms
BRUSSELS – The man who is responsible for the loans to Greece as managing director of the European Stability Mechanism (ESM/EFSF), Klaus Regling, is the only high-ranking European official w...
INTERVIEW
‘Crisis of confidence will come back again and again,’ says Thomas Piketty
He’s treated like a rock star wherever he goes to lecture. His book “Capital in the 21st Century,” a study on income and wealth inequality from the 18th century to the present, recently tran...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Parliament to investigate Haikalis claim he invested in stock market
2. Tuesday morning stoppage on metro, electric railway and tram in Athens
3. Greek current account deficit shrinks in October
4. Energy shares and Greek rebound lift European equities
5. Parliament´s ethics committee to look into independent MPs´ comments
6. Prosecutor gathers depositions in Independent Greeks ´bribe´ probe
more news
Today
This Week
1. Government accuses SYRIZA and Independent Greeks of 'clear alliance'
2. Euro shaky on ECB and Greece, dollar keeps edge
3. Prosecutor gathers depositions in Independent Greeks 'bribe' probe
4. Draghi starts squaring QE circle in month of persuasion for ECB
5. Parliament's ethics committee to look into independent MPs' comments
6. Energy shares and Greek rebound lift European equities
Today
This Week
1. Samaras summons bond vigilantes with euro exit talk
2. High stakes
3. Europe's drama in Greece needs final act to avoid tragedy
4. A friendly yet firm message from Pierre Moscovici
5. On the edge but not gutless
6. Girl, aged 11, gives birth on Crete
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.