National Bank

The National Bank of Greece, following the lead of Piraeus Bank, said it's going to reduce its workforce through the voluntary departures of 2,000 employees in a bid to cut its operating costs and boost its profits even more, helped...

A study released on Thursday by National Bank of Greece's (Bog) Strategic and Financial Analysis Department shows that an increase in corporate investment in the export sector of up to 14% of the country's gross domestic product would after...

Two armed men broke into the National Bank's branch in Larissa’s central square around 08.30 a.m. and threatening the employees managed to get away with an amount of almost €1 million. The perpetrators -one tall and the other short,...

After the suspension of  a planned merger of the National Bank of Greece and Eurobank because of capitalization problems and opposition from Greece's international lenders, the German magazine Spiegel said it believes the Greek government is planning to confiscate...

After a massive sell-off in bank shares, particularly National Bank and Eurobank (-30%) which dragged the Greek stock market significantly lower in the aftermath of Sunday΄s decision to postpone a merger plan between the two banks, the General Index...

As Greece and envoys from international lenders are still at odds over whether the National Bank of Greece and Eurobank should merge, as the government wants, the banks will be recapitalized separately, according to two bankers who were not...

Envoys from Greece's international lenders were heckled by protesters who screamed "You're murderers," at them as they left the finance ministry and as negotiations with the government were delayed amid reports of a deep division between the two sides. The...

Greece΄s biggest lender, National Bank (NBG), said that Canadian investment fund Fairfax Holdings was interested in acquiring a stake in it by taking part in a planned recapitalization, Reuters reported. NBG has recently taken over its former biggest rival, Eurobank....

Hellenic Postbank, a small state-controlled lender, is insolvent, Finance Minister Yiannis Stournaras said, and must be sold or transferred to private investors. It was a big lender to the government, which last year imposed 74 percent losses on investors,...