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Piraeus Bank to Receive €1bn Capital Infusion

by bondevalue | Mar 17, 2021 | Financial Institution Bonds

Greek lender Piraeus Bank announced on Tuesday that it is planning to raise €1bn ($1.2bn) via a share placement to institutional investors. This would reduce the Greek rescue fund Hellenic Financial Stability Fund’s (HFSF) stake, which currently stands at 61.3%,...

Piraeus Bank to Receive €1bn Capital Infusion

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