National Bank of Greece

The Greek stock market returned from its five-day holiday with a jump in prices that sent the benchmark to a new 13-year high on Wednesday, on significantly increased turnover too. Led by the blue chips of the Viohalco group, Cenergy and the National Bank of Greece (NBG), Athinon Avenue has risen to such heights as to consider the benchmark of 1,500 points for its main index.

Athens-listed lottery and sports betting company Intralot signed an agreement for the issue of a new bond loan agreement of up to 100 million euros and duration to June 30, 2025, it said on Thursday.

Greek banks estimate that interest rates will remain high, namely between 2.7% and 3% in 2024-2026, keeping interest income at high levels for the following years as well.

Interest income increased by 51% to 8.1 billion euros in 2023, contributing the bulk of organic revenue of €10.4 billion.

The National Bank of Greece announced this week that it has successfully completed the placement of a reduced-security bond in the market amounting to 500 million euros with a return of 5.875%.

The bond has a duration of 11.25 years with a callable period of 6.25 years.

The National Bank of Greece has successfully completed the placement of a reduced-security bond in the market amounting to 500 million euros with a return of 5.875%, the lender announced. 

The bond has a duration of 11.25 years with a callable period of 6.25 years.

National Bank of Greece (NBG) on Tuesday announced profits of 1.2 billion euros in 2023, driven mainly by interest rates. Net interest income jumped by 65% year-on-year.

Has the Metapolitefsi period concluded? What lessons does it impart? Is its overall legacy positive? These are they key questions that guided the discussions on the inaugural day of the conference titled "50 Years of the Metapolitefsi."

The National Bank of Greece (NBG) presented its new logo in a press conference on Wednesday. Chairman of the Bank's board Gikas Hardouvelis pointed out that the new image of the Bank marks a new era and at the same time highlights the great change that occurred in the bank in recent years. 

The decline of the stock of National Bank of Greece did not suffice to prevent the benchmark from climbing to a new 12-week high on Monday. The daily turnover reverted to high levels at the start of the week that might bring Greece once again to climbing the steps to investment grade as Fitch Ratings will issue its verdict on Friday.

Greece on Monday announced plans to sell a 20% stake in the National Bank of Greece (NBG) after concluding the sale of a 9% stake in Alpha Bank to UniCredit as it looks to divest from the country's lenders.