Greece's Piraeus Bank posts 9-month loss on provisions
ATHENS Dec 20 (Reuters) - Greek lender Piraeus Bank on Thursday reported a nine-month loss of 629 million euros ($833 million), hurt by provisions for impaired loans and increased funding costs.
The bank said its total recapitalisation need, as set by the country's central bank, was 7.3 billion euros. (Reporting by George Georgiopoulos)
- Air strike kills 15 civilians in Yemen by mistake: officials
- North Korea executes leader's powerful uncle in rare public purge |
- Insight: In Yemen, al Qaeda gains sympathy amid U.S. drone strikes
- Twitter backtracks on block feature after users revolt
- Iran angry over U.S. sanctions, nuclear talks interrupted