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Greece's National Bank, Eurobank rebound sharply in early trading

Thursday, August 6, 2015 - 16:33

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Shares in Greece's National Bank and Eurobank rebounded sharply in early trading on Thursday, bucking three days of losses that saw the banking-stock sector decline around 63 per cent.

[LONDON] Shares in Greece's National Bank and Eurobank rebounded sharply in early trading on Thursday, bucking three days of losses that saw the banking-stock sector decline around 63 per cent.

NBG, Greece' largest bank, was up 8.8 per cent, and Eurobank gained 7.7 per cent.

Greece's banks have been pummeled over the week in part by fear that coming recapitalisation will hurt existing shareholders.

REUTERS

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