National Bank of Greece Planning EU2.1 Bln Capital Boost
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The National Bank of Greece, the country’s biggest lender, is planning to increase its share capital by as much as 2.1 billion euros ($2.9 billion) to cover a shortfall identified in the national regulator’s stress test, according to a person with knowledge of the matter.
The lender will decide on the proposal at a board meeting on April 15, said the person, who spoke of condition of anonymity because the plan is still being discussed.