Greek banks need €40.5 billion injection

0
99

Greece’s central bank says the country’s four largest banks, the National Bank of Greece, Alpha, Eurobank, and Piraeus Bank, need €27.5 billion in capital after suffering heavy losses in a sovereign debt swap, reports Reuters. The bank said the capital needs for all 14 commercial banks amounts to €40.5 billion.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here