Placement for 27% of Piraeus Bank begins

In the constellation of the placement for 27% of Piraeus Bank’s shares, the domestic stock market will move this three days. Its capitalization exceeded 5 billion euros last week, an element indicative of the investor’s appetite for taking on Greek risk. The process starts today with the State expecting revenues of over 1.2 billion euros from the full privatization of the third systemic group, following the successful sale of 1.7% of Eurobank and 9% of Alpha Bank the previous year .