Eurobank

Eurobank sellsproperty portfolios

Eurobank said on Thursday it was selling two real estate portfolios worth a combined 84 million euros to Brook Lane Capital and plans to put a third portfolio up for sale.
Eurobank, which is 2.4 percent owned by Greece's HFSF bank rescue fund after being bailed out during the country's debt crisis, repossessed most of the properties, residential and commercial, after loan defaults.

Probe launched into suspected bank cartel, as fresh raid carried out

Competition Commission officials launched extensive inspections without prior warning at the headquarters of the country's four systemic banks as well as the Hellenic Bank Association (EET) and DIAS Interbank Systems on Thursday, in a bid to probe possible cartel practices regarding customer charges.

Terna Energy Finance to launch green bond tender offer Oct. 16

Terna Energy Finance, the financing arm of Terna Energy, will launch a tender on Oct. 16 for a green bond loan of up to 150 million euros, it said on Monday.

The offer for the seven-year bond will end on Oct. 18, it said.

A source at Terna Energy said that about 90 million euros from the bond will be used to build a wind park in Greece and to buy one in the United States.

ATHEX: Banks advance as other blue chips decline

The rise recorded by Greek bank stocks on Wednesday was largely offset by the decline of most non-bank blue chips, leaving the benchmark of the Athens bourse virtually unchanged and the stock board split between winners and losers. However, market observers were quite encouraged by the improvement in trading volume.

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