national bank of greece

Greece Concludes Bank Privatisation Efforts with National Bank Stake Sale

Greece has completed the re-privatisation of its banking sector by selling a 10% stake in the National Bank of Greece,…

4 months ago

HFSF to Initiate Sale of Up to 12% Stake in National Bank of Greece Next Week

Greece's bank bailout fund, the Hellenic Financial Stability Fund (HFSF), will begin selling a stake of up to 12% in…

4 months ago

Greece to Complete Bank Privatisations with October Sale of Final Stake

Greece is set to finalise its post-crisis bank privatisations by early October with the sale of its remaining stake in…

5 months ago

Greek Banks to Pay Dividends for the First Time in 16 Years

For the first time since 2008, Greek banks are set to distribute dividends totaling €814 million this summer, marking a…

6 months ago

Record-Breaking Projections: Greek Tourism Outlook for 2024

ChatGPT Greek tourism is expected to reach unprecedented heights in 2024, surpassing previous records, according to a survey conducted by…

8 months ago

Greek National Bank Holding Steady Despite Slight Profit Slump

National Bank of Greece (NBG), the country's second-largest lender, reported a relatively stable net profit for 2023 despite a decline…

11 months ago

Ministry of Culture acquired the Piraeus 260 industrial complex from the National Bank

It will be restored and made available for cultural use. The industrial complex of Piraeus 260, where the former Tsaoussoglou…

12 months ago

Greece secured 1.06 billion euros for 22% of National Bank of Greece

Greece sold a 22% stake in the National Bank of Greece (NBG) for 1.06 billion euros ($1.15 billion), the third…

1 year ago

Greek Tourism Predicted to Achieve Record-Breaking Revenue in 2023

According to a recent report by the National Bank of Greece, the country's tourism industry is anticipated to reach an…

1 year ago

Fitch upgrades credit rating of three major Greek banks

Fitch raised the credit rating of three major Greek banks - Eurobank, National Bank of Greece and Alpha Bank -…

2 years ago

Greek economy roars back and is expected to continue to grow next year

Greece's economy roared back in the second quarter after a pandemic-induced 8.2% slump last year, growing at a better-than-expected annual…

3 years ago

Four major Greek banks get ratings boost following review from Moody's international ratings agency

Four major Greek banks received a ratings boost on Monday following a review by international ratings agency Moody's. Specifically, Moody's Investors…

3 years ago

National Bank's shareholders renew CEO term for another three years

A National Bank's regular general shareholders' meeting on Friday renewed the bank's CEO term for another three years and approved…

3 years ago

Fitch expects upgrade of Greek banks' credit rating following faster de-risking drives

The credit profiles of Greece's four systemic banks are expected to be improved faster as a result of the updated…

4 years ago

Fitch Ratings Classifies National Bank of Greece With "B-" Positive Outlook from "CCC+"

Fitch Ratings has upgraded National Bank of Greece S.A.'s (NBG) Long-Term Issuer Default Rating (IDR) to 'B-' from 'CCC+' and…

4 years ago

Greek Banks cancel 15,000 credit cards due to security breach

Greece’s four main banks have cancelled and are planning to replace some 15,000 credit or debit cards, after a travel…

5 years ago

Three Greek banks get a ratings boost

Fitch Ratings upgraded and affirmed the credit rating of three Greek banks, it revealed in its report on Tuesday. The…

6 years ago

Greek banks get much needed ratings upgrade

Greek banks received a boost on Tuesday by ratings agency Moody’s who upgraded the long-term deposit ratings of Piraeus Bank…

7 years ago