National Bank Of Greece And 2 Others To Acquire New Hellenic Postbank

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Mani
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National Bank of Greece (ADR) (NYSE:NBG) along with two other of Greece’s major banks submitted bids to acquire New TT HELLENIC POSTBANK S.A. (FRA:P7O) (OTCMKTS:TTHPY), before the July 15 deadline. The deal is part of the terms set by Greece’s international troika of creditors consisting of the European Commission, the European Central Bank and the International Monetary Fund. Greece Has Agreed To Sell Hellenic PostBank According to a German daily, the troika of creditors expressed dissatisfaction with Greece government progress. Greece has agreed to sell TT HELLENIC POSTBANK S.A. (FRA:P7O) (OTCMKTS:TTHPY) and the small lender Proton by mid-July to get more bailout…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports