Citigroup to close bank branches in Greece | Essentials

Citigroup to close bank branches in Greece

Nafpaktos' StringAxe  - Deucalion's Titanic?

Nafpaktos’ StringAxe – Deucalion’s Titanic? by quapan
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Excerpt:

ATHENS, Greece U.S.-based Citigroup (C) states it will close 16 of its 37 bank branches in Greece, pointing out the country’s recession-hit “business and economic environment” – becoming the current abroad loan provider to cut down its Greek operations. A statement from Citi Greece said it would keep outlets in Athens and Thessaloniki, the country’s 2nd biggest city, while branches in nine regional cities and towns would close. Greek PM presses for deal on loan
Greece fine tunes its austerity as it awaits bailout
French lenders Credit Agricole and Societe Generale both just recently announced strategies to sell their Greece subsidiaries, as the country heads into a 6th year of recession. Citi presently has regional branches in Corinth, Halkida, Iraklio, Larissa, Kalamata, Kastoria, Kavala, Patras and Volos.

People:

Societe Generale

Overall Sentiment: 0.0905955

Relevance: 0.267964

Credit Agricole

Overall Sentiment: 0

Relevance: 0.249926

Volos

Overall Sentiment: 0

Relevance: 0.214713

Additional Info:

Country: Greece

Overall Sentiment: 0.0915661

Relevance: 0.965558

Disambiguation: Location | GovernmentalJurisdiction | WineRegionReferences:

City: ATHENS

Overall Sentiment: 0

Relevance: 0.397445

Disambiguation: PoliticalDistrict | AdministrativeDivision | GovernmentalJurisdiction | OlympicBiddingCity | OlympicHostCityReferences:

Site Provided Title:

Citigroup to close bank branches in Greece

Webpage Provided Keywords:

  • athens
  • Citi
  • citibank
  • Citigroup
  • Greece
  • troika

URL Provided Desc:

Citi Greece said it would maintain outlets in Athens and Thessaloniki, while branches in nine other areas would close

Source : Citigroup to close bank branches in Greece

~ by vandal3di3go on February 20, 2013.

 
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