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gerard1

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gerard1

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Tuesday, 11/03/2015 11:34:31 AM

Tuesday, November 03, 2015 11:34:31 AM

Post# of 19165

National Bank of Greece puts Turkish unit on the block
Nov 3 2015, 11:14 ET | About: National Bank of Greece SA (NBG) | By: Stephen Alpher, SA News Editor Contact this editor with comments or a news tip
Facing a €4.6B capital shortfall under the adverse scenario of the ECB's latest stress test, National Bank of Greece (NBG -8%) will attempt to close some of that with the sale of Finansbank. The tangible book value of the unit is €3.4B, according to NBG.
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