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All reports tagged with: "Greek government bonds"

Marfin Popular Bank posts €2.5 billion loss on Greece

Earlier today the Island’s second largest lender, the Marfin Popular Bank, announced a record full-year net loss of €2.5 billion, hit by a write-down on its Greek sovereign debt holdings.

Bank of Cyprus takes a €1 billion hit on Greek debt

The Bank of Cyprus, the Island’s largest lender, posted a net loss of 1.01 billion Euros in its 2011 results on Tuesday after making a writedown totalling 1.32 billion Euros on its Greek sovereign debt holdings.

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