Tuesday 30 August 2011

National Bank of Greece Posts EU1.31 Billion Loss on Bonds

Aug. 30 (Bloomberg) -- National Bank of Greece SA, the country’s biggest bank, reported a first-half loss after writing down its holdings of Greek government bonds. The net loss was 1.31 billion euros ($1.89 billion), compared with a profit in the year earlier period of 146 million euros ...

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