national bank of greece

On Tuesday afternoon, former Greek Minister Gerasimos Arsenis, died at the age of 85. Gerasimos Arsenis had been hospitalized for the past month and his death is most likely attributed to upper respiratory infection. Gerasimos Arsenis was born in Cephalonia in...

Political and economic stability as well as the effective management of non-performing loans (NPLs) are two of the five main preconditions that would allow the domestic banking system to contribute effectively to Greece’s growth and provide loans to small...

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 (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...

National Bank of Greece Governor Louka Katseli noted: "2016 marks the beginning of a new course for National Bank, which next year celebrates its 175-year anniversary," on Monday, ahead of the listing of new shares in the stock market. Katselli...

The European Stability Mechanism (ESM) board of directors decided to release 2.71 billion euros to Greece to recapitalize the National Bank of Greece,  on Tuesday. This amount will be subtracted from the funds designated to cover potential resolution and recapitalization costs of...

Luca Katseli, chief of the National Bank, addressed the annual Clinton Global Initiative Congress in New York, and spoke about Greece's position after the completion of Greek bank recapitalization this year. "The Greek banking sector will be in a position to...

Chairwoman of the Hellenic Banks Association Louka Katseli said that Greek banks face four major challenges before they return to normality. Katseli, who is also head of Bank of Greece, spoke at a business event organized by the Hellenic British...

"Bad loans haunt Greek Banks Seeking New Start" is the title of a Reuters report regarding the plight of the banking sector in Greece's economic crisis. After 40 billion euros of deposit outflows and three weeks of closed doors and...