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Clarifications on PSI+ impact, 2/3/12

Following recent articles in the Press that refer to an enlargementof thePSI+ perimeter to include, lending to “problematic” Greek State-owned enterprises, fully guaranteed by the Greek State, (e.g. Hellenic Railways Organisation (OSE), Athens Urban Transport Organisation (OASA), e.t.c.) estimated at circa €11 billion in total and in response to relevant media questions, Eurobank EFG notes the following:

The exposure of Eurobank EFG to this particular segment amounts to €335 million.  As a result, the impact on Eurobank’s capital from the inclusionof such loans / bonds in the PSI+ perimeter, will be limited.