No merger deal between National Bank and Eurobank
No merger deal between National Bank and Eurobank
Following the meeting with Antonis Samaras in the morning and with the economic team and leaders of the BoG...
Following the meeting with Antonis Samaras in the morning and with the economic team and leaders of the BoG and the EFSF in the afternoon, negotiations between the Greek government and troika seem to have resulted in the decision of a separate procedure for the recapitalization of the National Bank and Eurobank.
Awaiting the official announcement by the Bank of Greece and the economic team, current information speak for promoting two groups, based upon which the recapitalization of said banks will take place. In the first group the National Bank will absorb Proton Bank and the Attica Bank, while Eurobank will become the fourth major bank of the Greek banking system and will proceed with the acquisition of Hellenic Postbank.
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