Home Economics Hellenic bank in troubled Cyprus recapitalises

Hellenic bank in troubled Cyprus recapitalises

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

Hellenic bank in troubled Cyprus recapitalises (via AFP)

Hellenic Bank, the second-largest lender in recession-hit Cyprus, said Friday it has overshot its 294 million euro ($396 million) recapitalisation needs with three new major stakeholders snapping up shares. The Cypriot Orthodox Church had been the major…



 

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

AFP
Editor

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.