Hellenic Bank targets €13m annual savings with notes buyback
Hellenic Bank has announced its intention to repurchase existing Convertible Capital Securities 1 and 2 (CCS 1, CCS 2) valued at nearly €130 million. The buyback, expected to save the bank approximately €13 million in annual interest expenses, is pending approval from the European Central Bank (ECB). During a meeting on November 5, 2024, the […]