Greece four bank debt restructuring loss of nearly $ 37 billion

Four Greek banks: country wide commercial bank of Greece, of EFG Eurobank, Ergasias SA, Alpha commercial bank SA and of Piraeus of commercial bank SA, The 4 important banks, stated its holdings of Greek federal government bonds worth a complete of 25 billion euros of writedowns.

Greek Prime Minister (Lucas Papademos currently is attempting in the direction of the last revised statistics show how the Greek consumer banking industry property worth write-down has additional than 50% inside the scale of its holdings of calibre de cartier replica Greek federal government bonds for the Greek consumer banking industry recapitalization program. 5 many years pursuing the recession, the Greek consumer banking industry of bad debts increasing Greek commercial bank restructuring company as a terrific offer as 25 billion euros while in the important thing cash while in the week, the EU as well as the IMF to its commitment to provide the element inside the two rescue loans.

Papademos stated in the getting together with held: "For the Greek consumer banking sector, the implementation inside the recapitalization is in reality a cartier tank replica essential prerequisite for injection inside the genuine economy, especially for people tiny and medium-sized enterprises. not merely that, to regain industry the assurance inside the Greek consumer banking industry may be also really necessary. "

As the top financial organizations in Greece, country wide commercial bank of Greece stated in the assertion unveiled in 2011, the bank's complete deprivation of 12.3 billion euros the before yr 406 million euros profit. Earlier, Bloomberg information experienced carried out a questionnaire of three industry analysts, based on their estimates, it is anticipated how the collection deprivation of 9.29 billion euros. Of EFG Eurobank, Ergasias SA for 5.51 billion euros deprivation in 2011 since the 2nd top commercial bank in Greece, in 2010, also achieved a cartier ballon bleu replica income of 68 million euros. Greece's 3rd top commercial bank Alfa commercial bank while in the 2011 deprivation of 3.81 billion euros in 2010 income of 86 million euros. Greece's fourth-largest commercial bank Leiai Hargreaves commercial bank 2011 deprivation of 6.3 billion euros. Greek federal government bonds held from the nation wide commercial bank of Greece 10.8 billion euros in writedowns, Eurobank, write-downs of 4.6 billion euros, Alpha commercial bank writedowns of 3.8 billion euros, Leiai Hargreaves commercial bank write-downs of 5.1 billion euros.