Greek Banks Set for First Payouts Since 2008 on ECB Approval [Yahoo! Finance]
ALPHA SVCS & HLDGS S/ADR (ALBKY)
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Source: Yahoo! Finance
Most Read from Bloomberg London Insurers Face Baltimore Bridge Payouts Worth Billions Biden Gains Ground Against Trump in Six Key States, Poll Shows Japan Amps Up Intervention Threat as Yen Hits Lowest Since 1990 Trump's Net Worth Hits $6.5 Billion, Making Him One of World's 500 Richest People Using Your Premium Credit Card May Cost More After Visa-Mastercard Deal The shareholder returns this year will still be less than what the banks had requested, according to people familiar with the matter, who asked not to be identified as the decision isn't final. The ECB declined to comment. The last time that a big Greek bank paid a dividend was in 2008, before the global financial crisis and just before the country's debt crisis started in 2010. Since then, the lenders have been recapitalized as part of Greece's bailout programs after large swathes of their loan books soured. The ECB is expected to permit the payouts after Greek banks reduced non-performing loans and incre
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