Greek banks to post losses

Source: Bloomberg

Greek banks today are expected to reveal 3rd quarter losses. Banks are predicted also to disclose the write-downs of bonds. According to analysts surveyed by Bloomberg, Alpha Bank SA, Greek third biggest bank may report a loss of €14 m, while National Bank of Greece SA, the largest nation's lender is expected to report loss of €99 m. Banks also will be required to present ways to attract capital in order to outweigh shortfall.

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