Piraeus Bank Absorbs Ailing ATEBank’s Sound Assets, Including Romanian Unit

07.29.2012 By Oana Gavrila

Greece's Piraeus Bank has absorbed the performing assets of ailing state-owned lender ATEBank, including the ATEbank Romania subsidiary, amid a process meant to restructure and financially strengthen the Greek banking system.

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Keywords:
PIRAEUS BANK
, ATEBANK
, ROMANIA