EFG Eurobank Ergasias SA

Type: Company

Name: EFG Eurobank Ergasias SA

Nationality: Greece

Web Address: http://www.eurobank.gr/

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silobreaker

300 articles

First Reported May 18 2012 - Updated May 18 2012 - 1 Documents

Piraeus Bank SA

Fitch downgrades Greek banks after sovereign cut

A man talks on the phone in front of a closed bank in Athens beside graffiti reading ' Freedom to Everybody'. Fitch lowered its ratings of Greek banks Friday in the wake of its cut of the country's sovereign rating.Fitch lowered its ratings of Greek banks ... [ Published May 18 2012 by Yahoo! Maktoob News ]

Entities: Agricultural Bank of Greece, Piraeus Bank SA, Alpha Bank AE, EFG Eurobank Ergasias SA, National Bank of Greece SA

First Reported May 17 2012 - Updated May 18 2012 - 1 Documents

Fitch Ratings

Fitch cuts Greece's debt rating a notch

A woman withdraws money from a branch of Eurobank in central Athens. Rating firm Fitch downgraded Greece's credit a notch Thursday, to CCC from B-, citing political uncertainty over the country's commitment to a crucial bailout and possible exit of the ... [ Published May 17 2012 by Yahoo! Maktoob News ]

Entities: Fitch Ratings, Greece Bailout, Economic and Monetary Union, EFG Eurobank Ergasias SA

First Reported Apr 09 2012 - Updated Apr 10 2012 - 1 Documents

Alpha Bank AE

Greece's Eurobank to sell Turkish subsidiary

Eurobank, the third-biggest Greek bank, said on Monday it had agreed to sell its Turkish subsidiary Eurobank Tekfen to Kuwait's Burgan Bank for 272.7 million euros ($359 million) to shore up reserves hit by a debt swap."Under the terms of the transaction, ... [ Published Apr 09 2012 by Yahoo! Maktoob News ]

Entities: EFG Eurobank Ergasias SA, Tekfen Holding AŞ, Greece, Alpha Bank AE

First Reported Apr 05 2012 - Updated Apr 05 2012 - 1 Documents

EFG Eurobank Ergasias SA

UPDATE 1-Greece's Eurobank in advanced talks to sell Turkish stake

(Adds details)ATHENS, April 5 (Reuters) - Greece's EFG Eurobankis close to a deal to sell its 70 percent stake in Turkish unitTekfen to Kuwait's Burgan Bank, it said on Thursday.While Greek banks are selling assets to shore themselves upin the face of ... [ Published Apr 05 2012 by Yahoo! Maktoob News ]

Entities: Tekfen Holding AŞ, Burgan Bank, EFG Eurobank Ergasias SA

Quotes

A man talks on the phone in front of a closed bank in Athens beside graffiti reading " Freedom to Everybody'. Fitch lowered its ratings of Greek banks Friday in the wake of its cut of the country's sovereign rating."

Fitch downgrades Greek banks after sovereign cut [Yahoo! Maktoob News - May 18 2012]

"The downgrade of Greece's sovereign ratings reflects the heightened risk that Greece may not be able to sustain its membership of Economic and Monetary Union (EMU)" Fitch Ratings said in a statement

Fitch cuts Greece's debt rating a notch [Yahoo! Maktoob News - May 17 2012]

"Under the terms of the transaction, Burgan will acquire 99.3 percent of Eurobank Tekfen, from Eurobank EFG and the Tekfen Group, for an upfront cash consideration of 641 million Turkish lira" Eurobank said in a statement

Greece's Eurobank to sell Turkish subsidiary [Yahoo! Maktoob News - Apr 09 2012]

"EFG Eurobank announced that it is in advanced discussions"

UPDATE 1-Greece's Eurobank in advanced talks to sell Turkish stake [Yahoo! Maktoob News - Apr 05 2012]