National Bank of Greece
Bank of Greece identifies systematically important institutions for 2025
The credit institutions that are considered systemically important and the safety reserve that each of them must have for 2025 has been determined by a decision of the Bank of Greece.
National Bank and Qualco set up realty platform
National Bank of Greece (NBG) seeks to enter the real estate brokerage sector through its collaboration with technology provider Qualco for finding, selling and financing the purchase of real estate.
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State gets 690 mln euros from NBG stake
State revenues to date from the privatizations of the four systemic banks amount to 3.5 billion euros, after this week's sale of 10% of National Bank of Greece, which raked in a total of €690.1 million.
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NBG stake enchants market
Demand for the 10% stake in the National Bank of Greece was covered approximately nine times on Monday, the first day that the offer book was opened, with the disposal of 91,471,515 shares out of the total of 168.2 million shares controlled by the public.
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National Bank stake sale meets strong demand
Demand for a 10% stake sale in the National Bank of Greece (NBG) by the country's bank bailout fund was oversubscribed by six times on Monday, in the first day of a book-building process which ends later this week, two sources told Reuters.
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Greece begins sale of 10% National Bank stake
Greece's bank bailout fund HFSF began the process of selling a 10% stake in National Bank of Greece on Monday, marking the end of re-privatization of Greek lenders.
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HFSF to kick off National Bank stake sale next week, sources say
The country's bank bailout fund HFSF will start the process to sell a stake of up to 12% in National Bank of Greece early next week, two officials with knowledge of the matter have said.
With the planned sale, Greece will conclude the reprivatisation of its banks, which were bailed out during a debt crisis that nearly drove the country out of the eurozone.
Fitch upgrades ratings of Greece’s four systemic banks
Fitch Ratings has upgraded the credit ratings of Greece's four systemic banks - i.e. National Bank of Greece, Piraeus Bank, Alpha Bank and Eurobank.
This upgrade reflects the improved assessment of Greece's operating environment, now rated at BB+.
Three-day rally on the Athens Stock Exchange – Back above 1,440 points
The Greek stock market made a strong start to September, recording its third consecutive rise. The General Index closed at the highs of the day, with “heavyweights” on its side, which fell significantly in August, creating the right conditions for buyers to re-enter.
ATHEX: NBG drops but index stays put
The National Bank of Greece dividend payment aside, stocks at Athinon Avenue secured gains to offset the decline of the lender on the bourse on Monday. The benchmark closed with minimal losses, while winners and losers ended up in a dead heat. The day's trading volume gave investors a taste of what's to come next month, with turnover slumping to its lowest level in over three weeks.
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