Friday, December 13, 2013
Chairman and CEO of BlackRock Laurence Fink visited the Bank of Greece on December 12 for a meeting with Governor George Provopoulos.
The meeting took place following the completion of the second diagnostic study performed by BlackRock Solutions on the loan portfolios of Greek banks. The stress tests carried out by Black Rock on Greek banks will further strengthen the confidence of depositors and investors in the sector, Laurence Fink said in a meeting with Bank of Greece governor George Provopoulos on December 12.
The meeting took place following the completion of the second diagnostic study performed by BlackRock Solutions on the loan portfolios of Greek banks. The stress tests carried out by Black Rock on Greek banks will further strengthen the confidence of depositors and investors in the sector, Laurence Fink said in a meeting with Bank of Greece governor George Provopoulos on December 12.
He noted that Bank of Greece has taken all necessary measures to restore the credibility of the Greek banking system, adding that "the results of the first test laid the foundations for the successful recapitalization of Greek banks, significantly boosting transparency."
