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Eurobank

   Also found in: Wikipedia 0.01 sec.
Eurobank
A bank that regularly accepts foreign currency-denominated deposits and makes foreign currency loans.


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OPAP, EFG Eurobank Ergasias OTE, Alpha Bank, Public Power Corporation, Piraeus Bank, Hellenic Petroleum,
Consequently, Eurobanks must offer a premium over domestic rates; otherwise depositors would not bear the sovereign risks of the country in whose jurisdiction the Eurobank operates or the transfer risk of the country whose currency denominates the deposit (9).
A study released in February by EFG Eurobank, Greece's third-largest lender, warned that the country's tourist arrivals were threatened with the largest drop in nearly 20 years by the global pinch on income.
 
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