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The Hellenic Financial Stability Fund notes that the General Meetings of the four (4) systemic banks (Alpha Bank, National Bank of Greece, Eurobank and Piraeus Bank) for adopting until the 30th of April 2013 irrevocable corporate actions for the purposes of their recapitalization, have either taken place or been convened. Further to the announcements on […]

The Hellenic Financial Stability Fund, during its General Council meeting, held onMarch 22nd, 2013, approved the proposed bid of Piraeus Bank for the acquisition of Cypriot banks’ branches in Greece. Completion of the transaction, among others, is subject to approval by the DG Comp. Press Release

Safeguarding depositors and customers The Hellenic Financial Stability Fund (HFSF) announces the immediate establishment and capitalisation of the “New Hellenic Postbank”, following a proposal by the Bank of Greece and a decree made by the Ministry of Finance thereon, in accordance with the provisions of L. 3601/2007. The HFSF will be the sole shareholder of […]

On the 20th of December 2012, the Hellenic Financial Stability Fund (the Fund)received €16 billion in the form of EFSF notes as part of the EFSF tranche of funding for Greece. Further to the first capital advance concluded by the Fund on the 28th of May 2012for a total of €18 billion, on the 21st […]