Announcement regarding the completion of the Share Capital Increase processes of Alpha Bank and Piraeus Bank.
28-03-2014
The Financial Stability Fund (Fund) welcomes the successful completion of the Share Capital Increase processes of Alpha Bank and Piraeus Bank.
The CEO of the Fund Mrs. Anastasia Sakellariou stated: “The capital raised by private investors exceeds the capital needs announced by the Bank of Greece, further strengthens the capital adequacy of the banks, significantly contributing to the stability of the financial system, and highlights the dynamic return of the Banks to the international capital markets.» The Fund, consistent to its scope, approved the Share Capital Increases, at today’s extraordinary General Meetings of the banks, which will be carried out at prices that cover the entry prices of the Fund.