December 20, 2012 / 3:36 PM / 5 years ago

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)

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