BoG: Greek banks have significantly strengthened their capital positions
The results of this exercise provide confirmation that the capital raising and restructuring plans implemented by the four Greek banks have significantly strengthened their capital positions.
ECB’s in-depth review shows banks need to take further action
Capital shortfall of €25 billion detected at 25 participant banks
None of the four Greek systemic banks is found to need capital infusion
According to market estimates Alpha Bank has the highest ranking with a ratio of 6.5% followed by Piraeus Bank with 6.1%
