Alpha takes on capital worries, doesn’t deny deals to come

By Andrew Griffin
21 Aug 2014

Greece's Alpha Bank has responded to speculation on its capital needs, not rejecting rumours that it may have to issue more capital but asking the investors to wait.

Analysts raised concerns last week that banks were facing a €12bn capital hole, partly caused by an increase in non-performing loans.

Since then, local reports have speculated that banks, including Alpha, would have to launch capital raises. Some have said that the results of the Asset Quality Review later in the ...

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