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...“We argue that no state aid is involved as the bonds would be sold at market prices,” says Yannis Stournaras, governor of the central bank, adding that investors “responded enthusiastically” to the scheme...
...Grey steel shutters covered the entire ground floor of the huge Alpha Bank headquarters on the city’s Stadiou street....
...Yannis Stournaras, the new central bank governor, says loans left unserviced for more than 90 days stood at €77bn or 36 per cent of the total portfolio in April....
...Dimitris Kontominas, one of Greece’s most prominent financiers and owner of Alpha, a leading private television station, is accused of failing to provide adequate guarantees and collateral for loans from...
...Consultations between the two sides are continuing,” said Yannis Stournaras, the finance minister, after attending a meeting of the troika with premier Antonis Samaras....
...Yannis Stournaras, finance minister, has managed to deflect demands by the two leftwing coalition political leaders to renegotiate the terms of Greece’s second bailout with the aim of winning a two-year...
...Rebuilding from that low base will be crucial to a revival in Greek business fortunes, says Yannis Stournaras, director of the Iobe think-tank....
...Qatar’s ruling family already holds a 4.5 per cent equity stake in Alpha Bank. Yannis Costopoulos, Alpha’s chairman and a leading shareholder, would become chairman of the new entity....
...It’s the first bank merger and the first foreign investment in the sector [since the start of the country’s debt crisis],” said Yannis Costopoulos, Alpha’s chairman....
...Spyros Filaretos, chief operating officer and nephew of Yannis Costopoulos, Alpha’s chairman and head of the family that owns more than 10% of the bank, told the FT the deal was “dead” and that it would...
...When Yannis Costopoulos, the chairman of Alpha Bank, was summoned to the offices of National Bank of Greece on the morning of Tuesday January 18, he suspected a merger proposal might be on the table....
...“As far as we are concerned this deal is dead,” said Spyros Filaretos, chief operating officer and nephew of Yannis Costopoulos, Alpha’s chairman and head of the family that owns more than 10 per cent of...
...“The Greek market has space for only two-and-a-half banks,” said Yannis Costopoulos, chairman of Alpha Bank, adding that the “half” would be a modest-sized third lender....
...But Yannis Costopoulos, chairman of Alpha Bank, the second-largest Greek lender, said all the banks “will find they need this scheme because of deteriorating market conditions.”...
...The $4.4bn Alpha fund from London activist Centaurus was down just under 3 per cent at the start of this week....
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