NBG’s share in Finansbank climbs to 89.4 percent
Posted by meb at January 31st, 2007
National Bank of Greece SA (NBG) increased its stake in Turkey’s Finansbank to 89.4 percent, according to a statement sent by Finansbank to the Istanbul Stock Exchange (IMKB).
The NBG’s share in Finansbank was earlier 80.4 percent. It purchased 9 percent more stocks and thus, its share in the Turkish Finansbank reached 89.4 percent.
In August 2006, Finansbank had sold 46 percent of its shares to the National Bank of Greece.
source: www.thenewanatolian.com
