Thursday May 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
National Bank of Greece mulls second round offers for p/e business

National Bank of Greece is reviewing second-round bids for its London-headquartered private equity business and hopes to sell it "imminently," the bank's deputy chief executive Petros Christodoulou told Reuters.

"We are now going through the second round of the secondary sale process. We believe that this is an imminent thing," Christodoulou said. "It's most likely that it will be done by end-September."

He would not specify how many bidders were left, but said it was about a quarter of those who had initially shown interest. The business manages about 900 million euros in assets and has been on the market since January.

Christodoulou added that the bank may issue further debt soon, to follow a 750 million euro ($1.02 billion) five-year bond it issued in April at a lower interest rate than the Greek sovereign.

"If we find there is a market, there is a format, that is not competing with the issue we place, we could be in the market much sooner (than the next few months)," he said. [Reuters]

ekathimerini.com , Tuesday June 24, 2014 (10:37)  
ECB officials say no to easier funds for Greece now
G7 finance chiefs discuss growth risks, urge deal on Greece
ECB working on the assumption that Greece wont leave euro, says Constancio
Greek bank losses show predicament amid record outflows
EU says Greek deal not there yet
The European Union poured cold water Thursday on Greece's claims that a deal on its bailout was near, insisting that more progress was needed in talks between Athens and its creditors. "We'r...
Christodoulos Xeros gets new extension for defense on Korydallos breakout plan
Convicted November 17 terrorist Christodoulos Xeros on Thursday was a granted a new extension in order to give evidence regarding his involvement in an alleged plan to aid members of the Con...
Inside News
SOCCER
Panathinaikos conquers PAOK through Tavlaridis goal
A Stathis Tavlaridis goal has brought Panathinaikos to practically within one point from clinching a spot in next seasons Champions League qualifiers, as the Greens made it three out of thr...
SOCCER
AEK Athens returns to top league after financial collapse
Greek club AEK Athens has just returned to the country's top soccer league, two years after financial collapse sent it to a lower league. One of the country's largest clubs, AEK sealed its s...
Inside Sports
COMMENTARY
Greeces Cuban pathway to a parallel currency
The idea of a parallel currency for Greece is worthy of consideration, with even German Finance Minister Wolfgang Schaeuble broaching the possibility as Greece fails to reach an agreement wi...
COMMENTARY
Endless confusion and worry
The Holy See on Wednesday expressed its own view regarding the Greek crisis. Cardinal Pietro Parolin the Vaticans equivalent of prime minister voiced his concern over ongoing negotiatio...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. ECB officials say no to easier funds for Greece now
2. G7 finance chiefs discuss growth risks, urge deal on Greece
3. EU says Greek deal not there yet
4. Christodoulos Xeros gets new extension for defense on Korydallos breakout plan
5. Greece aims to have bailout deal by Sunday
6. Greek coast guard picks up 216 migrants in eastern Aegean
more news
Today
This Week
1. Endless confusion and worry
2. G-7 weighs in on Greece as Tsipras government told to be serious
3. ECB's Nowotny says no to loosening funding for Greece now
4. Lagarde says still much work to do in Greek debt talks
5. Following up on a positive step
6. European shares edge lower as Greek deal optimism fades
Today
This Week
1. Conspiracy madness
2. Hotel contracts with a Greek default clause
3. Neither Grexit nor a dual currency will solve Greeces problems
4. No more 'quick and dirty' fixes for Greece
5. Some 300 mln left banks on Tuesday
6. Merkel said to plan address for Greece if deal reached
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.