National Bank of Greece SA
Europe
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...
Economy
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...
Economy
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...
Business
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...