National Bank of Greece

NBG Hires Advisers for Sale of Turkish Finansbank

National Bank of Greece (NBG) has hired other banks including Goldman Sachs, Morgan Stanley and Bank of America Corp to work as advisers on the...

Reopening of Athens Stock Exchange Postponed

According to Greek newspaper "Kathimerini," sources claimed that the reopening of the Athens Stock Exchange (ASE) is being postponed because banks have been unable to create new...

Greek Banks Have Adequate Capital to Fund Real Economy

Greek banks have adequate capital to fund the real economy, both business activity and the retail commerce sector, focusing on commercial credit, bank officials...

Piraeus Bank Releases Growth Figures for 2017

Piraeus Bank, one of Greece's top four lenders, showed improved figures in all areas for 2017, as the year's financial data released on Wednesday...

Greek Banks to Reopen on Monday

Greek bank branches will reopen on Monday according to sources, the Athens-Macedonian News Agency reported. The alleged decision follows a European Central Bank (ECB) announcement that...

TT Bank Split Gets The OK

Greece's more than century-old Hellenic Postbank faces a big change - over the protest of its workers - after the newspaper Kathimerini reported that...

Dallara Says Greece To Return to Markets

Institute of International Finance (IIF) Managing Director Charles Dallara, who was the negotiator for private investors when a previous Greek government imposed 74 percent...

Provopoulos Repeats Greek Recovery Coming

Bank of Greece chief George Provopoulos, who has predicted an economic recovery for the past few years, now says it looks like it's really...

Greeks Owning Credit Cards are 60% Less than Before Economic Crisis

The poor creditworthiness of most Greek citizens puts on hold the finance ministry's plans to give incentives for the use of credit cards as...

Theodoros Pantalakis New CEO of Attica Bank in Greece

With the consent of Bank of Greece and major shareholder TSMEDE, Theodoros Pantalakis will be the new executive director of Attica Bank, a problematic...

Swiss Banker Involved in Bribery Scandals in Greek Custody

A Swiss senior banker who was among the key suspects in the so-called Siemens scandal as well as in armament programs scandals is currently...

Greek FinMin Examining to Issue Treasury Bills to Secure 4.5 Bln Euros

Towards the emergency issuing of Greek treasury bills is directed the Finance Ministry in order to secure some 4.5 billion euros for the country’s...

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