Moscow. October 16. The largest Greek banks, Eurobank Ergasias and Alpha Bank are negotiating with the lenders exchange their bonds for shares, reports Bloomberg, citing informed sources. Their total unsecured debt securities amounts to 1.94 billion euros.
A similar measure is considering another large Bank, National Bank of Greece. The final decision will be made by genkompanii depending on the amount that will be able to gain from the sale of Turkish unit Finansbank, the sources noted.
On Thursday, an official proposal about an exchange of bonds for shares made Piraeus Bank. The proposal applies to bonds for the sum about 600 million euros.
As a result, the average cost of bonds of Greek banks on the eve jumped 16%, to its highest level since March.
In the current financial assistance programme of Greece founded nearly 25 billion euros to recapitalize banks in countries facing a critical shortage of capital. In August the head of the financial ministries of the countries of the Eurozone warned that holders of Greek bonds of FIS may be forced to take the first step and incur some losses before the funds involved.