national bank of greece

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...

Eurogroup's decision of no haircut on the bank deposits is an important step of confidence-building towards the Greek banking system as well as the immediate disbursement of 10 billion euros for the banks' recapitalization, estimated the president of the...

The Greek Generation Y would like to work for a multi-national corporation with good pay, job security and a good balance between work and personal life. According to a survey conducted by the Athens University of Economics and Business in...

Greek banks are considering offloading part of their shipping debt portfolios worth billions of dollars in a bid to shore up their capital, Reuters stressed citing banking and ship-financing sources. Earlier this week, Athens has secured a four-month extension of its...