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NBG denies share cap hike

National Bank of Greece (NBG) on Monday dismissed press reports alleging it was mulling a share capital increase plan.
In an announcement, Greeceâs largest financial institution, said it did not intend to proceed with a share capital increase plan, given its strong capital base.
It is obvious, the bank stated, that sustaining and improving this strong capital base was a priority for National Bank amid the current economic situation.  In this framework, National Bank was constantly examining all ways to achieve its target and was committed to timely inform investors over its actions towards this direction, the announcement read.
(source: ana-mpa)

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