Greek Banks: Who Owns What

10:11 27/10/2011 - Πηγή: Taxalia

Athens Bank analyst Peter Leotsakos continues his excellent work in analysing who is being/will be stung by Greek losses. Today, he discusses the major shareholders of Greece’s banks. He begins by noting that the Greek government itself holds about 17% of the total equity in the country’s banks, and thus itself takes a hit in connection with their default. The Greek Orthodox Church owns 1.5%, but...
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