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National Bank of Greece SA

Greece’s Banking Ambitions in Turkey Fading Away

The construction of the 303-million-euro ($383 million) glass diamond-shaped skyscraper in the heart of Istanbul, Turkey,  is due to be completed. The pompous building will be the headquarters of Finansbank AS and for the Turkish bank's Greek owner, National...

Der Standard: Record Profits for Greek Investment Funds

An article published today by the Austrian newspaper "Der Standard" highlights that the best investment funds of the last twelve months came from Greece, according to analysts of the “Morningstar” company. It also noted that three of these funds...

National Bank of Greece Chairman Rapanos Resigns

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...

Greece Seeks Turkish Cash for Asset Sales in Economic Reversal

Greek officials are meeting with investors from Turkey to showcase a sale of state-run assets, reflecting a reversal in the fortunes of the two regional rivals, as Greece faces possible default and Turkish growth rivals China. According to Bloomberg, officials...