NBG
National Bank present new logo, ‘marking new era’
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.
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EIB-Nat’l Bank financing scheme of 1.12bln€ for funding to Greek SMEs battered by pandemic
SMEs around Greece impacted by COVID-19 are eligible for funding from a new 1.125-billion-euro financing scheme by National Bank of Greece (NBG), itself supported by the European Guarantee Fund (EGF).
National sells NPL portfolio to Bain Capital for €1.6 bln
The National Bank of Greece Group on Friday announced the completion of a transaction for the disposal of a nonperforming, predominantly secured, corporate loan portfolio to the investment firm Bain Capital Credit for a total principal amount of 1.6 billion euros.
Drop in NBG profit in Q4 on provisions, trader income
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.
Holiday packages, debt cut for reliable borrowers
National Bank of Greece intends to reward its reliable borrowers with free holidays at popular destinations, extra points in its card use reward program, as well as discounts on other products, such as insurance policies with cooperating insurers.
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National Bank taps market with 10-year Tier II bond
National Bank (NBG), Greece's second largest lender, has opened the books on a 10-year Tier II subordinated bond, with initial price estimates around 9 percent, IFR, Refinitiv's capital markets news service, said on Thursday.
NBG gets first quarter profit lift from trading gains
National Bank (NBG), Greece's second-largest lender by assets, on Tuesday said profit from continuing operations had risen in the first quarter of 2019 on the back of higher trading gains.
National Bank prepares for transformation
National Bank needs to be transformed, chief executive Pavlos Mylonas told Kathimerini in an interview, during which he said the historic lender is turning into "a modern bank that will respond to the new challenges."
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National Bank to underwrite bond for new Crete airport
National Bank of Greece (NBG) will be the sole underwriter of a 161.1 million euro ($182.7 million) bond to finance contractor GEK Terna's participation in a Greek-Indian consortium that will build a new airport on the island of Crete, it said on Friday.
NBG still has several issues open
The management of National Bank of Greece told the lender's annual general meeting on Thursday that it will place emphasis on the lender's full transformation through changes to its operational model to meet the challenges of the time and the economy's funding needs.
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