ATHENS, April 16 Greece's bank bailout fund HFSF
has given the green light to plans by National Bank (NBG)
to proceed with a share offering of up to 2.5 billion
euros to plug a capital shortfall, a senior banking source with
direct knowledge of the matter told Reuters on Wednesday.
Greece's biggest lender, which must plug a 2.18 billion euro
($3.03 billion) capital shortfall under the terms of the
country's international bailout, has picked Goldman Sachs
and Morgan Stanley as global coordinators for the
offering, bankers have previously said.
NBG's board is meeting on Wednesday to decide on the issue.
(Reporting by George Georgiopoulos, editing by Costas Pitas)