national bank of greece

Eurobank officials said the institution will need to put itself in the hands of the Greek state’s lender support fund, which will fully and immediately implement its recapitalization, and draft a strategy toward strengthening the lender via the acquisition...

The announcement that the National Bank of Greece and Eurobank will stage their recapitalization has effectively frozen plans for them to merge as the government wanted, but which was opposed by the country's international lenders, the Troika of the...

Greek Prime Minister Antonis Samaras took over talks with international lenders on April 7 after his Finance Minister Yiannis Stournaras fired back at them over continued demands for austerity measures, including the firing of 25,000 workers and said if...

Prime Minister Antonis Samaras is planning to go head-to-head on April 7 with envoys from international lenders who are in Athens checking progress on reforms before releasing a 2.8 billion euros ($3.5 billion) overdue installment and will push them...

After not opposing a merger of Greece's National Bank with Eurobank, the country's internatonal lenders now have asked for it to be stopped, fearing the combined entity would have too much financial power and be too big for the...

Prime Minister Antonis Samaras’ trip to Qatar to persuade officials that Greece needs its investments is paying more dividends after a report that the wealthy Gulf State is in talks to the Astir Palace, a beachfront resort in Athens...

Three of Greece's largests lenders and a smaller bank made non-binding offers to acquire the healthy assets of the country's state-controlled TT Hellenic Postbank SA (TT.AT), a banking official familiar with the process said, as regulators move to wind...

Greece’s four largest banks need to boost their capital by 27.5 billion euros ($36.3 billion) after taking huge losses from the government-imposed debt swap earlier this year, the largest sovereign restructuring in history. The National Bank of Greece, the country’s...

Finansbank AS, owned by National Bank of Greece SA (NBG), will probably be a target for Qatar National Bank SAQ as the Middle East's biggest lender studies buying one of Turkey's top 10 banks, Kathimerini reported quoting analysts. "QNB wants...

Unable to stop runaway tax evasion in a country that is the most corrupt in the European Union, the Greek government is planning to create a so-called “Committee of Wise Men” to come up with some other way to...