AGL 39.19 Increased By ▲ 0.65 (1.69%)
AIRLINK 129.40 Decreased By ▼ -0.10 (-0.08%)
BOP 5.79 Increased By ▲ 0.18 (3.21%)
CNERGY 3.89 Increased By ▲ 0.03 (0.78%)
DCL 8.80 Increased By ▲ 0.07 (0.8%)
DFML 41.29 Decreased By ▼ -0.47 (-1.13%)
DGKC 89.80 Increased By ▲ 1.50 (1.7%)
FCCL 35.37 Increased By ▲ 0.37 (1.06%)
FFBL 66.80 Decreased By ▼ -0.55 (-0.82%)
FFL 10.86 Increased By ▲ 0.25 (2.36%)
HUBC 109.00 Increased By ▲ 0.24 (0.22%)
HUMNL 14.92 Increased By ▲ 0.26 (1.77%)
KEL 4.76 Increased By ▲ 0.01 (0.21%)
KOSM 7.08 Increased By ▲ 0.13 (1.87%)
MLCF 43.32 Increased By ▲ 1.67 (4.01%)
NBP 59.49 Decreased By ▼ -0.11 (-0.18%)
OGDC 179.49 Decreased By ▼ -3.51 (-1.92%)
PAEL 26.20 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.99 Increased By ▲ 0.02 (0.34%)
PPL 147.20 Increased By ▲ 0.50 (0.34%)
PRL 23.66 Increased By ▲ 0.05 (0.21%)
PTC 16.86 Increased By ▲ 0.30 (1.81%)
SEARL 70.10 Increased By ▲ 1.80 (2.64%)
TELE 7.26 Increased By ▲ 0.03 (0.41%)
TOMCL 35.96 Increased By ▲ 0.01 (0.03%)
TPLP 8.11 Increased By ▲ 0.26 (3.31%)
TREET 14.50 Increased By ▲ 0.30 (2.11%)
TRG 50.85 Increased By ▲ 0.40 (0.79%)
UNITY 27.10 Increased By ▲ 0.35 (1.31%)
WTL 1.24 Increased By ▲ 0.03 (2.48%)
BR100 9,854 Increased By 48.1 (0.49%)
BR30 29,728 Increased By 50.1 (0.17%)
KSE100 92,799 Increased By 494.8 (0.54%)
KSE30 28,938 Increased By 97.8 (0.34%)

Greece's largest lender National Bank has not decided yet whether it will take part in the government's 28 billion euro ($35.78 billion) rescue plan, its chief executive said in a newspaper interview published on Sunday.
"I applaud the bank and economy support plan," Takis Arapoglou, CEO and chairman of NBG group told in an interview with To Vima newspaper. "The group has strong capital adequacy and liquidity. We have time to decide if we make use of it."
Although little exposed to so-called toxic assets, Greek banks are affected by the tight credit conditions in money markets as interbank lending has virtually frozen. Under the Greek plan, which was submitted to parliament last week, the state can guarantee banks' debt issuance, may buy preferred shares to boost their capital and may also give banks state bonds against collateral to strengthen their liquidity.

Copyright Reuters, 2008

Comments

Comments are closed.