Piraeus readies T2 as Greek rally rolls on

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Piraeus readies T2 as Greek rally rolls on

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A customer leaves a Piraeus Bank branch. Greek banks have re-opened three weeks after they were closed by the government and capital control was introduced in Greece. They only offer a limited number of transactions for the time being and withdrawal is still limited to 420 Euro per week. Athen, Greece, July 20, 2015. Photo by Michael Debets/Pacific Press/ABACAPRESS.COM | Debets/ABACA/PA Images

Piraeus Bank has mandated lead managers for the sale of a new tier two, as it looks to follow the success of its compatriot Alpha Bank. Greek banks have emerged as big winners in the secondary market recently, with investors shrugging off risks and focusing on ‘only the positives’.

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