01/08/2015

Greece owes German banks €23.5bn

The lion’s share of German exposure is held by the state-owned development bank KfW, with lending to the Greek state totalling €15bn, banking industry group BdB said.

12/29/2014

Novo Banco Has Four Potential Buyers

While Novo Banco wants to fully pay back the EUR4.9 billion ($6.01 billion) capital injection it received from a bailout fund, analysts consider it unlikely the bank will fetch that much.