Friday August 29, 2014 Search
Weather | Athens
31o C
24o 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)  
Greece´s top banks said to seek up to 5.4 bln euros in ECB loans
Greek retail sales rise 3.8 percent year on year in June
OPAP to offer 40 mln euros or more for Greek horse race betting license
Greek quest for debt relief faces hurdles in Paris
Greek PM to meet Juncker in Brussels, host Coelho, Rajoy in Athens
After a flurry of meetings and telephone calls with European officials, Prime Minister Antonis Samaras is set to meet with incoming European Commission President Jean-Claude Juncker at a Eur...
Tight security in place for City of Athens ceremony as GD MP, supporters to attend
Tight security measures are in place for the swearing-in ceremony for Athens City Council on Friday afternoon as among those attending are Ourania Michaloliakou, who is the daughter of detai...
Inside News
SOCCER
Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
There was a triple success for Greek soccer on Thursday as PAOK, Panathinaikos and Asteras Tripolis made it through to the Europa League group stage. PAOK had a challenging task after a 1-0 ...
SOCCER
Olympiakos drawn against Spanish, Italian and Swedish champions in CL
Olympiakos will face the champions of Spain, Italy and Sweden in the group stages of Europe's top soccer tournament, the Champions League. Thursday's draw in Monaco was not particularly kind...
Inside Sports
COMMENTARY
Stifled dreams
At more or less the same time every year, we see the same images of high school graduates looking through the Education Ministry’s lists of those who passed and those who failed the national...
EDITORIAL
Staying on the same page
No government can function effectively when its ministers are not on the same page and working toward the same ends, no matter what some – such as the current education minister – may think....
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece´s top banks said to seek up to 5.4 bln euros in ECB loans
2. Greek retail sales rise 3.8 percent year on year in June
3. Greek PM to meet Juncker in Brussels, host Coelho, Rajoy in Athens
4. Tight security in place for City of Athens ceremony as GD MP, supporters to attend
5. OPAP to offer 40 mln euros or more for Greek horse race betting license
6. Dozens of migrants intercepted in the Aegean
more news
Today
This Week
1. Greek quest for debt relief faces hurdles in Paris
2. Strong undersea quake occurs off island of Milos, felt in Athens
3. Dozens of migrants intercepted in the Aegean
4. Rendi shootout leaves would-be hypermarket robber dead
5. Gov't jet carrying Venizelos back from Turkey conducts emergency landing
6. Finance Minister holds final preparatory talks before Paris meet with troika
Today
This Week
1. Brussels warns Greece over plans to allow construction near Korinos beach
2. Attack on gay couple in Athens leaves one man needing surgery
3. Merkel cites euro’s ‘construction flaws’ as economy sputters
4. Purification rituals
5. Second man held over double murder in Mani
6. The battle against progress
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.