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Greece's National Bank posts wider nine-month loss
December 21, 2012 / 3:41 PM / in 5 years

Greece's National Bank posts wider nine-month loss

ATHENS, Dec 21 (Reuters) - Greece’s largest lender National Bank on Friday reported a wider nine-month loss, hurt by provisions for impaired loans amid the country’s severe debt crisis.

The bank posted a loss of 2.45 billion euros ($3.23 billion) in the period, compared to a loss of 1.35 billion euros in the same period a year earlier.

It said a 9.7 billion euro bridge recapitalisation from Greece’s bank support fund HFSF brought its core Tier 1 capital adequacy ratio to 10.3 percent. (Reporting by George Georgiopoulos)

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