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NBG Shares Set at 2.20 - 2.30 Euros Per Share

According to Reuters, the National Bank of Greece will set its 2.5 billion euros share arrangement at 2.20 to 2.30 euros per share.

The over demanded shares were originally priced at 2.00 to 2.60 euros. The funds are being generated to boost NBGs capital, after an earlier analysis determined that the financial institution requires an additional 2.18 billion euros.  Today at 11:29 GMT, bank shares were at 4.41%, with 2.60 euros per share. Capital raise activity will cease later in the day.

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