Greek banking sector braces for 'super deal' | Bangkok Post: news

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Greek banking sector braces for 'super deal'

Greece's banking sector is bracing for what local media called a super deal, following the announcement of the National Bank's offer to purchase the third-largest lender Eurobank.

People pass a branch of the National Bank of Greece in Athens. Greece's banking sector is bracing for what local media called a super deal, following the announcement of the National Bank's offer to purchase the third-largest lender Eurobank.

Late on Friday, the National Bank of Greece (NBG), the country's top lender, announced a voluntary offer for "all outstanding common registered shares" of Eurobank.

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