ATHENS, Greece—Greece's National Bank says it plans to raise euro2.8 billion ($3.6 billion) by the end of October.
NBG says it will raise the money by offering new shares and selling convertible bonds -- and helped by the proposed sale of a minority stake in its Turkish subsidiary Finansbank. It will retain at least 75 percent control of the Turkish lender.
Greece's Socialist government, battling a serious financial crisis, called Tuesday's decision "extremely positive."
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