Greek Postal Savings Bank intends to sell 19 pct stake in Bank of Attica

Greek Postal Savings Bank (GPSB) announced yesterday to the Athens Stock Exchange that its participation in the Bank of Attica is not strategically important, and it intends to sell its 19 pct stake in the bank.

GPSB added that while it intends to sell its stake in the bank, the time frame and process for this move has not yet been determined, and said that the move is dependent on a variety of factors and is subject to market conditions.