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Greek central bank says Attica Bank has capital gap of 1.02 billion euros
October 31, 2015 / 10:29 AM / 2 years ago

Greek central bank says Attica Bank has capital gap of 1.02 billion euros

ATHENS (Reuters) - Greece’s central bank said on Saturday it conducted a comprehensive assessment on small Greek lender Attica Bank (BOAr.AT), in line with the European Central Bank’s health check of the country’s four big banks.

A transaction receipt is seen on an ATM outside a closed Attica Bank branch in Athens, Greece June 30, 2015. REUTERS/Alkis Konstantinidis

The Bank of Greece said Attica Bank has a capital gap of 1.021 billion euros (0.72 billion pounds) under the adverse scenario of the stress test and a shortfall of 857 million euros under the baseline scenario.

Attica Bank will submit a capital plan to the Bank of Greece on how it plans to cover its capital shortfall, the central bank said.

Reporting by George Georgiopoulos

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