The money, alongside foreign takeovers, could end a run on Greek banks.
It is one of the three largest Greek banks.
Given the risks on Greek banks, its not a good move.
If it does, well, the Greek banks will probably be crushed anyway.
"They feel that money in a Greek bank is vulnerable."
Greek banks hold large amounts of Government bonds, which would be defaulted on.
Has there been a run on the Greek banks?
That's not a major drop, except that deposits have been leaking out of Greek banks for months.
Dutch home buyers will not line up to get mortgages from Greek banks.
Why does anyone still have any money deposited in a Greek bank?