Displaying items by tag: piraeus bank

Eurobank Ergasias SA on Friday announced the conclusion of the acquisition of Piraeus Bank Bulgaria AD, a subsidiary of Piraeus Bank, by Eurobank's subsidiary in Bulgaria, Eurobank Bulgaria AD, following receipt of the relevant regulatory approvals.

The MSCI Standard Greece index has delisted Ethniki, Eurobank and Piraeus banks as Morgan Stanley announced on Tuesday evening, causing a shock to the domestic capital market.

The pressures on the Athens Stock Exchange will continue until more clarity is available, Morgan Stanley predicts in a note that echoes almost all of the stock market's feelings after yesterday's sell-off of Greek bank stocks.