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A “Hot” winter with seven open fronts is in store for the banking market in Greece

06 August 2013 / 15:08:55  GRReporter
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The idea of ​​serious investor interest includes the type of preferred investors who, if they are not foreign banks in the best case scenario, might be funds with a long-term investment horizon and possibly a culture of investment in the banking sector rather than hedge funds.

The first attempt will apply to the sale of 30% to 40%, possibly through a capital increase in order for further privatization to subsequently take place.

The acquisition of Postbank and Proton Bank has strengthened Eurobank and, coupled with the radical restructuring, this has improved its profile. Achieving a satisfactory price for the Financial Stability Fund, however, will be a major challenge.

Tags: Banking marketRecapitalizationEurobankFinancial Stability Fund
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