World Bank's IFC to pump up to 300 mln euros in Greek banks' recap

November 13, 2015 9:08 AM

19 0

ATHENS Nov 13 The International Finance Corporation (IFC), a unit of the World Bank, plans to take part in the recapitalisation of Greece's four big banks by investing up to 300 million euros in their share offerings, an IFC executive said on Friday.

"We have approval from our board to take part and invest up to 300 million euros in the bank recap," said IFC Vice-President Dimitris Tsitsiragos.

Also read: Euro zone investments broadly steady in August: ECB

Read more

To category page