The CEO of ATHEX-listed Eurobank, Fokion Karavias, on Friday was quoted by Bloomberg as categorically denying that the systemic lender was planning a share capital increase.

Latest sources from within the Athens-based bank added that there was absolutely no reason to proceed with such a step, given that the bank has already successfully completed a one-billion-euro share capital increase after the merge with Grivalia.

The same sources said Eurobank’s capital is sufficient for both improving its balance sheet and increasing its financing over the coming years.

Eurobank’s stock closed 4.13 percent lower on the Athens Stock Exchange (ATHEX) on Friday, with the bank index down by 10.93 percent.

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