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 […]
Tag: National Insurance
New MyEthniki service from National Insurance
Ethniki Asfalistiki welcomes the new member of its digital family, launching its new modern client portal, MyEthniki. Through MyEthniki, available online at my.ethniki-asfalistiki.gr, the clients of Ethnikis Asfalistikis have at any time, through the screen of their mobile, tablet or computer, direct access to the details of their contracts and a number of of useful […]
Mr. Achilleas Sofroniou new investment manager in National Insurance
Ethniki Asfalistiki welcomes Achilleas Sofroniou as Chief Investment Officer to its staff According to the announcement, Mr. Sofroniou comes from London, with 16 years of service in the field of global markets and specialization in the insurance sector while he has experience in managing portfolios in different regulatory frameworks and jurisdictions (eg Solvency II, FINMA […]
National Insurance: The new Board of Directors was formed
The Annual Ordinary General Meeting of the sole shareholder “Ethniki Holdings S.Ã .rl” of the Company proceeded, on Thursday, April 14, 2022, to the election of a new Board of Directors, which consists of the following persons: Andrzej Piotr Klesyk President, Independent Non-Executive Member Stavros Konstantas CEO, Executive Member Tassos Anastasiou Executive Member Stavros Karagrigoriou Executive […]
National Insurance: 5.6% increase in pre-tax profits to € 90.5 million in 2021
Ethniki Asfalistiki completed with impressive profitability in 2021, during which it saw the profits before taxes amount to € 90.5 million (not including the cost of voluntary departure of staff amounting to € 21.2 million) against € 85.7 million. in the 12 months of 2020, increased by 5.6%. Including the cost of voluntary staff turnover, […]
EIB completed the sale of National Insurance
The National Bank (“NBG”) announced today that it has completed the divestment of 90.01% of the share capital of AEEGA “I ETHNIKI” (“National Insurance”) in CVC Capital Partners’ Fund VII (“CVC”) after receiving the legal required approvals by national and Union supervisory authorities. The transaction includes the sale and transfer of all the shares of […]
The EU approved the acquisition of National Insurance by CVC Capital Partners
“The European Commission approved, under the EU Merger Regulation, the acquisition of the Hellenic General Insurance Company” I Ethniki “(” Ethniki Asfalistiki “, Greece), by CVC Capital Partners SICAV FIS SA (” CVC “, Luxembourg)” notes “a press release of the Delegation of the European Commission in Greece, which is mentioned in an announcement by […]
February 24, the D-Day for National Insurance
Of Leonida Stergiou On Thursday, February 24, the Commission’s Competition Directorate, DGCom, will formally rule, paving the way for the completion of the CVC-National Insurance deal and the commencement of share transfer procedures and the change of the head of the insurance company. According to information, the Commission has already sent the relevant today to […]
Green light from the Commission in the National Insurance-CVC deal
Of Leonida Stergiou Finally, it seems that it enters the serial of the sale of National Insurance by the National Bank, which had started in 2016 to reach an agreement with CVC Partners in March 2021 and to be delayed again, following a complaint to DGCom for unfair competition. The news confirms a post by […]
Green light from the Commission in the National Insurance – CVC deal
Of Leonida Stergiou Finally, it seems that it enters the serial of the sale of National Insurance by the National Bank, which had started in 2016 to reach an agreement with CVC Partners in March 2021 and to be delayed again, following a complaint to DGCom for unfair competition. The news confirms a post by […]