General Bank moved in Mesogeion

General Bank officially opened its new headquarters on Mesogeion Avenue yesterday. The partly privatized bank recently moved from its central Athens headquarters, which is owned by its major shareholder, the Army Pension Fund. General Bank is looking for a foreign strategic partner. The choice of 20-year titles seems a curious one, since in times of upheaval, investors turn to short-term titles. Officials at the Bank of Greece also expressed skepticism. The state Public Debt Management Organization said that, depending on the circumstances, it may opt for a smaller issue.

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