“This transaction shows the way the European Union must take in the banking sector,” adds the Bank of Greece Governor
The increase in Unicredit’s participation in Alpha Bank’s share capital reflects the significant steps of progress in the banking sector and the Greek economy, which are also certified by the continuous upgrades of the country and Greek banks by the Bank of Greece, the Bank of Greece Governor Yiannis.
Specifically, Bank of Greece Governor Yiannis Stournaras said: “The increase in Unicredit’s participation in Alpha Bank’s share capital, through the acquisition of shares owned by the Reggeborgh Invest, is a very positive development for the two banks and is mainly the result.
It also reflects the important steps of progress in the banking sector and the Greek economy, which are also certified by the continued upgrades of the Hellenic Republic and Greek banks by the rating agencies.
This transaction shows the way the European Union must take in the banking sector: cross -border partnerships between healthy banks, along with the completion of the banking union, the capital markets and the simplification of processes, fight the fragmentation of the European market, create economies of economies, economies of economies, economies, Monetary policy, lower prices of goods and services and, ultimately, greater financial prosperity.
Congratulations to Andrea Orcel, Henry Holterman, Vasilis Psaltis and their associates for their professionalism and their very good cooperation with the Bank of Greece. “
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.