Showing posts with label Merge. Show all posts
Showing posts with label Merge. Show all posts

Wednesday, April 10, 2013

UPDATE 1-Deposits flew into Greek banks during Cypriot crisis

Wed Apr 10, 2013 5:21am EDT
(Adds details)

(Reuters) - Greek bank deposits rose by more than 1.5 billion euros in March despite fears Cyprus's banking crisis would trigger deposit outflows in other indebted euro zone economies, Greece's central bank chief said.

More than 19 billion euros have returned to Greece since mid-June last year when the election of a pro-bailout government allayed fears of a messy Greek exit from the euro zone.

Wednesday, October 3, 2012

Greece's Piraeus Bank reaches deal to buy Geniki: sources

By Lefteris Papadimas and George Georgiopoulos
ATHENS | Tue Oct 2, 2012 2:42pm EDT
(Reuters) - Greece's Piraeus Bank (BOPr.AT) has struck a preliminary deal to buy French lender Societe Generale's (SOGN.PA) loss-making Greek unit Geniki (GHBr.AT) to strengthen its position amid a brutal debt crisis, two sources close to the talks told Reuters.