Greece

The National Bank of Greece (NBG) is the first Greek bank to have entirely eliminated its dependency on the European Central Bank's Emergency Liquidity Assistance (ELA), bringing its ELA borrowing to zero, sources said on Friday. Greece's Athens-Macedonian News Agency...

National Bank of Greece has announced plans for a euro covered benchmark, the first Greek bank bond in the public market since 2014, and a crucial step in normalising its funding after years of costly central bank support. The three-year...

The Bulgarian subsidiary of the National Bank of Greece (NBG) is up for sale, according to banking industry sources who have reported that there are currently two bids to buy the bank. United Bulgarian Bank (UBB) is valued at 1.32...

National Bank's i-bank pass service excelled in the fourth international competition Distribution and Marketing Innovation Awards 2016 for financial services, organized by the prestigious organization EFMA, (with a membership of approximately 3,300 financial institutions in 130 countries) in collaboration...

On Thursday the National Bank of Greece elected Panayiotis Thomopoulos as its new chairman, replacing chairwomen Louka Katseli. Thomopoulos is the former deputy governor of the Bank of Greece and the former chairman of the Hellenic Financial Stability Fund.

Greek Prime Minister’s speech on launch of the National Bank’s Act4Greece program had a bit of everything for everyone, thereby adding further weight to claims to Alexis Tsipras’ radical days are long behind him and that his main goal is...

The National Bank of Greece (NGB) will hold an emergency general meeting on Monday to approve the sale of its Turkish subsidiary Finansbank, the bank announced. "After almost 10 years of successful presence in Turkey, NBG is selling Finansbank to fulfill its...

The National Bank of Greece (NBG) announced on Tuesday an initiative aimed to support startups with activities in e-commerce through its NBG BusinessSeeds program. The bank will award startups offering innovative products and services, present integrated business models, financial sustainability and...

National Bank of Greece on Tuesday sold its 99.81 percent stake of Turkey's Finasbank AS to Qatar National Bank SAQ , the Gulf Arab region’s largest bank, for 2.75 billion euros. According to Qatar National Bank, the transaction will be...

The president of Hellenic Bank Association and National Bank governor Louka Katseli  said in a meeting with the National Confederation of Commerce and Entrepreneurship (ESEE) on Monday that she is in favour of secondary business opportunities and the settlement...

National Bank of Greece (NBG) reported losses of 159 million euros in the first quarter of 2015, integrating domestic losses of financial results worth 112 million euros. Commenting on the results, NBG CEO Leonidas Fragkiadakis said: “Against strong headwinds, which...

Greek stock market authorities have temporarily suspended trading in the country's two biggest banks following press reports that they are in merger talks. Shortly before the decision, shares in top lender National Bank of Greece and its main domestic rival...

The chairman of National Bank of Greece SA (NBG, ETE.AT), Vassilis Rapanos, resigned from his post Wednesday, citing health issues, according to a letter of resignation he handed to the lender's Board of Directors. "After about two and a half...

Rumours say that Eurobank is close to a merger with The National Bank of Greece. According to Axia newspaper, the merger is very close to happening. The aim is to create a new bank club, which will be able to...

Alpha Bank SA, Greece’s third- biggest bank, rejected an unsolicited 2.8 billion-euro ($3.8 billion) takeover bid from National Bank of Greece SA, the nation’s largest lender, saying the offer was inadequate. Alpha’s board voted unanimously to spurn National Bank’s all-stock...