In response to a question by journalists regarding today’s Hellenic Banks Union meeting, Eurobank EFG CEO Mr. Nicholas Nanopoulos stated:
“In a meeting held today by the Hellenic Banks Union, Eurobank EFG with a sense of responsibility aligned its stance with that of the majority of the Greek banking institutions describing measures taken in support of the Greek economy as positive, given that they should facilitate the smooth flow of financing by the banks to Greek enterprises and households as well as minimize the negative impact of the global crisis.
In addition, Eurobank EFG undertakes further initiatives by means of a set of measures aimed at supporting the financially weak, low income households along with small and medium sized enterprises.
As the recently publicized 9-month results indicate, Eurobank EFG demonstrates strong capital sufficiency and liquidity, the highest solvency rating according to international rating agencies and effectively responds to both the needs of its customers and the Greek economy by continuing, throughout October as well, to approve loans.
Moreover, Eurobank EFG enjoys the strong support of its main shareholder that pitched in the latest capital increase for the Bank by investing 500 million euro of its own funds. Throughout this period the main shareholder maintained a steady shareholding position and actually, during the recent tough conjecture, went on to further strengthen it, thus proving its trust in the Bank and the Greek economy perspectives in practice.