Eurobank


Also found in: Wikipedia.

Eurobank

A bank that regularly accepts foreign currency-denominated deposits and makes foreign currency loans.

Eurobank

1. A bank that regularly or primarily accepts deposits in currencies other than the one used in the country where the bank is located. Eurobanks also make loans primarily in different currencies. See also: Eurocurrency.

2. See: EuroBancshares, Inc.
References in periodicals archive ?
Among the winners was Eurobank Cyprus, which won the " Growing Through Extroversion -- Export Marketing " award for its marketing actions and the "Campaign to Promote the 10 years of Eurobank Cyprus" .
Greece's Eurobank Ergasias said it expects the Bulgarian economy to expand by 3.
Promoter Financial Intermediary : EUROBANK CYPRUS LTD, RCB BANK LTD
Global Banking News-July 26, 2016--EBRD to invest in eurobank to promote business in Greece
M2 EQUITYBITES-May 18, 2016-Alpha Bank, Eurobank and KKR to Support Greek Companies through Pillarstone Platform
ATHENS, Greece (Reuters) -- Billionaire investor Wilbur Ross, a major shareholder in Greece's Eurobank, said Saturday that diluting shareholders of the banks during their recapitalization could turn off private-investor interest in the lenders.
The decision follows the European Central Bank "stress tests" that noted the shortfall based on its 'adverse' scenarios of the four major banks -- the National Bank of Greece, Piraeus, Alpha Bank and Eurobank.
The deal is aligned with the restructuring plans for Alpha Bank and Eurobank, as approved by the European Commission in 2014, which specify, among other things, that each bank should focus its operations only on its core markets.
Only Eurobank failed to meet the 10% of capital needs from private investors, causing it to become a nationalised bank run by the Hellenic Financial Stability Fund.
Summary: Greek banks NBG and Eurobank are seeing their stock plunge 30 percent -- the maximum allowed in a day -- after news that their planned merger has been postponed.
26 per cent stake in Eurobank Tekfen from Eurobank EFG for a deal value of KWD 98.
KUWAIT, Dec 8 (KUNA) -- Burgan Bank announced Saturday it had received the approval of Turkey's Banking Regulation and Supervision Agency (BRSA) regarding the purchase agreement with Eurobank EFG to acquire Turkey's Eurobank Tekfen.