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Piraeus Bank has applied to the Hercules asset protection scheme that aims to reduce banks' exposure to nonperforming loans through their securitization.
The application concerns the securitization of Phoenix, a €1.9 billion portfolio of housing loans.
Piraeus' application leaves National Bank as the last of the "big four" Greek retail banks that has not applied to the scheme.
Collectible match-worn signed shoes belonging to Milwaukee Bucks star and last season's NBA MVP Giannis Antetokounmpo and a signed T-shirt from his personal collection with Nike are being auctioned for charity on www.charityidols.com as part of the Live Athletically campaign to raise money to combat the coronavirus.
April ended at the Greek stock market on Thursday with some profit taking by traders who cashed in on this week's rise by specific stocks such as banks. Despite that daily drop, April closed with a 12.54 percent advance for the benchmark, to become the first month this year with an increase for the bourse.
Piraeus Bank grew full-year 2019 net profit, helped by lower operating costs and higher net interest income, Greece's largest lender by assets said on Monday.
Piraeus Bank, which is 26.2 percent owned by the country's HFSF bank rescue fund, reported a net profit of 270 million euros after net earnings of 185 million in 2018.