UBS

BELGRADE - The people of Switzerland and its entrepreneurs raised more than CHF 4 million for flood relief efforts in Serbia, Swiss Ambassador to Serbia Jean-Daniel Ruch said on Friday.

Greek lender Attica Bank has hired advisers to look for an investor to take part in a planned equity offering, as it becomes the fifth of the country's banks to tap international markets to plug a capital hole, it said on Tuesday.

The National Bank of Greece has priced its share offer at 2.00-2.60 euros a share, in a placing worth up to 2.5 billion euros, two sources familiar with the matter said on Wednesday.

“There has been incredibly broad-based demand,” one of the sources said.

BELGRADE - Veroljub Dugalic, secretary general at the Association of Serbian Banks (UBS), said on Thursday that banks made a loss of EUR 18 million in 2013.

By Sharon Smyth

Greece is preparing a property portfolio valued at as much as 500 million euros ($689 million) to offer to investors by the end of this year, according to the head of the Hellenic Republic Asset Development Fund.

Piraeus Bank’s planned bond issue will be the first public debt sale from a Greek lender since 2009 when the first cracks started to appear in the nation’s finances, according to UBS AG.

BELGRADE - Serbian Prosecutor's Office for Organized Crime has indicted six persons for crimes that caused the loss of RSD 3.5 billion to the Development Bank of Vojvodina (RBV).