LAST UPDATE: 14:26 By Leonidas Stergiou After the successful moves of the sale of National Insurance and the reduction of bad loans to a single-digit percentage, National Bank completed the commitments it had undertaken towards the European Competition Directorate (DGCom). The exit of Ethniki from the supervision of DGCom, which was a “dowry” of the […]
Tag: National Bank
Epsilon Net’s strategic partnership with National Bank
The Epsilon Net Group, “Approved Supplier” for the “Digital SME Tools” programs, with the aim of comprehensive information on the possibilities of strengthening the digital transformation of Greek businesses by the Recovery Fund, is co-organizing tomorrow, Thursday, July 28, 2022 (17:00 – 19:00), together with Info Quest Technologies information day with the cooperation of the […]
National Bank: The end of the obligations to DGCom, the dividend, the deal with EVO and the new plans
Of Leonida Stergiou With the sale of National Insurance, the second securitization of red loans and the strategic agreement on payment systems with the American EVO, National Bank completed its obligations towards the competent European authorities (DGCom and supervision). The positive progress of the first half of the year, the reduction of the percentage of […]
Banks are preparing for dividend distribution
By Leonidas Stergiou Reading the agenda items and related accompanying documents ahead of the general meetings of the four systemic banks (July 21-28), one finds a description of accounting entries aimed at writing off accumulated losses. According to the banks, these accounting movements do not affect the capital ratios and the total capital, however, they […]
National Bank: Start of submission of proposals for the 13th Innovation & Technology Competition
National Bank announced the launch of the 13th Innovation & Technology Competition of the NBG Business Seeds program. This is the longest-running Innovation Competition of a Greek organization, in which 7,209 people have already participated. The purpose of the competition is to highlight and reward original ideas, research results, business plans and companies that contribute […]
National Bank’s Strategic Partnership with Epsilon Net, Microsoft & Info Quest for the Digital Upgrade of SMEs
With the aim of strengthening the Digital Transformation of Small and Medium Enterprises, National Bank is proceeding with strategic cooperation with the Epsilon Net Group, Microsoft & Info Quest Technologies, within the framework of the “Digital Tools for SMEs” program of the Recovery & Resilience Fund. The program aims to Digitally Upgrade the country’s very […]
P. Mylonas (ETE): Optimism for the prospects of the economy and the banking system
Optimistic about the prospects of the Greek economy as well as the domestic banking system despite the new challenges presented by the war in Ukraine, the managing director of the National Bank Pavlos Mylonas appeared in his intervention at the Economist conference in a panel he participated with the Minister of Finance Christos Staikouras and […]
National Bank: Application for inclusion in the ‘Hercules II’ program of Frontier II
As part of its Transformation Program, the National Bank of Greece SA has started the process of securitization of a portfolio of non-performing loans codenamed “Frontier II”, with a total book value of 1 billion euros. The National Bank submitted today, June 29, 2022, an application for the inclusion of securitization in the Guarantee Program […]
Γκ. Hardouvelis: Great opportunities from the shift to sustainable energy sources
The President of the National Bank, Gikas Hardouvelis, spoke today at the conference of the Hellenic Capital Market Commission “The Future of Sustainable Finance” about two great opportunities in the banking sector in the context of the goals for dealing with the energy crisis. This is the great shift towards sustainable energy sources and scaling […]
The National Bank supports five young top athletes
The National Bank, resolutely continuing its long-term support for the development of Greek sports, announces the start of sponsorship of a new generation of talented Greek athletes. The bank’s goal is to strengthen the significant national effort for distinctions in the upcoming 2024 Olympic Games, as well as in any other leading international sports events. […]