Ratings has upgraded the mortgage covered bond programmes of five Greek banks. The banks are National Bank of Greece S.A. ( NBG , B-/Stable/B, Viability Rating (VR) 'b-) Alpha Bank A.E. (Alpha, B-/Stable/B, VR 'b-), Eurobank Ergasias
ATHENS, July 23 (Reuters) - The European Commission has approved National Bank of Greece's ( NBG ) restructuring plan, which includes reducing NBG 's stake in Turkey's Finansbank .
Gainers: AMRE +15% . Losers: LL -23% . SRPT -19% . PBPB -19% . CXDC -14% . USU -8% . MEMP -7% . SAN -6% . EROS -6% . MTL -6% . NBG -6% . CBMX -6% . TSCO -6% . PXLW -6% . PT -5% . PRKR -5% . Post your comment!
came in at 3.5% - the bottom end of the range guided by banks on the deal. Greece's €3B sale of 5-year notes in April attracted €20B in orders. Athens is lower by 2.9% today. GREK -1.4% , NBG -5.8% premarket 1 comment!
suggests another one could be needed and Mario Draghi warns on the slowing pace of economic reform. The country faces about a $16B funding gap in 2015. Stocks in Athens of are off 3% . GREK -1.9% , NBG -4% premarket Post your comment!
* Nedbank Group intends proposing a specific repurchase of 14 715 049 Nedbank Group ordinary shares from NBG Capital Management Limited
2000 -0.22% . DJ Transports -2.04% , DJ Utilities -1.38% Pg M6, Europe: Ready for the National Bank of Greece [ NBG /ETE.gr] ? It has restructured its finances to the point that its Tier 1 ratio is 11.7%, the government stake is reduced to 57
* Invel Real Estate to buy 66 pct of NBG 's Pangaia property unit
(Corrects NOV 17 story to show Steinmetz a co-investor, not major shareholder in Invel, paragraphs 5,6)
ATHENS, Nov 17 (Reuters) - National Bank of Greece , the country's largest lender, is close to clinching a deal to sell a majority stake in its fully-owned real estate arm Pangaia to private equity...