National Bank of Greece

Porto Carras is set to have a new owner, as Technical Olympic has agreed to sell the emblematic tourism resort at Halkidiki in central Macedonia to the Ivan Savvidis group's Belterra Investments for 205 million euros.

National Bank of Greece (NBG) on Tuesday reported sharply lower net profit in the fourth quarter compared to July-to-September on the back of weaker trading and net interest income and higher provisions for impaired loans.

A law amendment of the Labor Ministry that was approved by Parliament on Thursday has given a significant boost, worth 200 million euros, to the financial results of National Bank of Greece.

An armed robber targeted a branch of the National Bank of Greece on Monday in the southern Athens coastal suburb of Palaio Faliro.
According to reports, the hooded assailant entered the bank and held up the staff by brandishing a gun, before making off with an undisclosed sum of money.

The Germans continue to be Greece's largest source of revenue for tourism. This is according to data from the National Bank of Greece.

German tourist revenue, however, declined by 0.2% in 2019 compared to 2018, to nearly € 3 billion.

European Investment Bank (EIB) president Werner Hoyer announced ambitious plans for major investments in Greece in 2020 during a visit to Athens for talks with Prime Minister Kyriakos Mitsotakis, Finance Minister Christos Staikouras and other government officials today.

Partnership with National Bank of Greece, Piraeus Bank

Piraeus Bank, Greece's largest lender by assets, on Wednesday opened books for a 10-year Tier 2 bond issue, aiming to raise about 500 million euros ($546 million), a source close to the deal said.
"Piraeus Bank is opening books for a 10-year issue, aiming at about 500 million euros," the source told Reuters.
Pricing is seen in the low 6 percent range, the source added.

Greece attracted record orders for its first 15-year bond sale since the financial crisis, a crucial step in furthering the thrice bailed-out country's capital markets comeback.

EximBank has finalized the acquisition of Banca Romaneasca SA (BROM), with the submitted bid being part of the agreement concluded in June 2019 between EximBank and National Bank of Greece (NBG) on the purchase of the latter's 99.28 percent stake in BROM, the bank said in a release.

Greece's four systemic banks have canceled or are planning to cancel and replace up to 15,000 credit and debit cards, after the payment card data used by some of their customers on a Greek online tourist services portal was hacked.