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Greece decides to wind down Hellenic Postbank
January 18, 2013 / 4:26 PM / 5 years ago

Greece decides to wind down Hellenic Postbank

ATHENS, Jan 18 (Reuters) - Troubled Greek state lender Hellenic Postbank will be wound down into a good and bad part, the country’s finance ministry said on Friday, adding that the healthy business will run as a stand-alone entity.

The resolution of Postbank had been demanded by Greece’s EU/IMF lenders to unlock bailout aid.

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