Ethniki optimistic about 10% recapitalization goal

The Managing Director of Ethniki Bank A. Tourkolias announced at noon on Monday, that he is optimistic about achieving the 10% recapitalization target set. Mr. Tourkolias also noted that “hundreds of thousands of shareholders, old and new, have joined us via the Eurobank share exchange”.

The director also revealed that “with the warrants, it is the possibility of gradually regain the shareholder majority from private funds within the next five years”. The board of directors will convene after the general assembly.

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