Attica Bank
OpenCalais Metadata: Ticker
Attica Bank pushes Kalogritsas group for a solution
Attica Bank is upping the pressure on the Toxotis construction company, a part of the Kalogritsas Group, having sent it a letter giving it 15 days to submit a credible solution for the settlement of its loans, which is to be approved by a surveying company that Attica has appointed.
Troubled Kalogritsas group gives construction projects away
The countdown has started for the Kalogritsas construction group, as Kathimerini understands its companies Toxotis, Omada Kataskevon and others have reached an agreement with rival construction firm Aktor for the latter to take over an initial number of pending projects with a value of more than 100 million euros.
EFKA ponders participation in Attica Bank share capital increase
EFKA, the country's main pension fund, is considering its participation in Attica Bank's 197.97-million-euro share capital increase.
Major interest in Attica Bank NPL portfolio
Twelve investment funds have expressed an interest in the securitization of a portfolio of nonperforming loans with a face value of 700.5 million euros that Attica Bank's management is offering for sale.
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ATHEX: Bank stocks suffer pressure
Tuesday's bourse session was a mixed bag, with a few package transactions boosting trading volume in what was otherwise a quiet day at Athinon Avenue. However, there was notable pressure on bank stocks.
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ATHEX: Benchmark edges lower in volatile trade
The pattern of one losing session in every six continued at the Athens bourse on Wednesday as the benchmark posted a small decline with the morning losses contained over the course of the day. The volatile session saw an increase in turnover above the 70-million-euro mark.
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ATHEX: Recent gains cashed in
Many investors cashed in the profits of nine days of stock gains on Thursday, sending the benchmark of the Greek stock market back below the 800-point level, on considerably reduced trading volume, ahead of Friday's last session of the year. Profit taking predictably focused on bank stocks.
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ATHEX: Banks index recovers this year's losses
The continued drop in sovereign bond yields and the growing effort to dress up portfolios before year-end saw the majority of stocks chalking up more gains on Friday, when trading surpassed the 100-million-euro mark for a second day. The banks index has now covered all of this year's losses.
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ATHEX: Weekly losses contained to 1.06 percent
As the year starts to draw to a close many funds have either stopped trading their securities or are engaging in some window dressing, boosting their performance. This serves to explain the growth seen on the local bourse on Friday, after progress in the third review had already been priced in.
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ATHEX: Benchmark grows for a seventh day
The seventh consecutive session of gains for the benchmark of the Greek stock market on Friday confirmed the positive momentum as it was in the latter half of the day that buyers made their presence felt, boosting banks by another 4.75 percent.
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