National Bank of Greece SA (NBG.N)
|Market Cap (Mil.):||$12,911.27|
|Shares Outstanding (Mil.):||2,396.79|
ATHENS, June 14 - National Bank of Greece (NBG) said on Friday it had raised enough money from private investors in a share offering to ensure it avoids state control.
ATHENS, May 31 - National Bank of Greece (NBG) , the country's largest lender, has launched an offer to buy back its U.S.-listed ADS preference shares for a total of $281 million, it said on Friday.
(The following statement was released by the rating agency) LONDON, May 20 (Fitch) Fitch Ratings has upgraded National Bank of Greece's (NBG, 'B-'/Stable/'B'), Piraeus Bank's (Piraeus, 'B-'/Stable/'B'), Alpha Bank's (Alpha, 'B-'/Stable/'B') and Eurobank Ergasias' (Eurobank, 'B-'/Stable/'B') Greek mortgage covered bonds and assigned a Negative Outlook as follows: Alpha covered bonds, EUR3.75bn: upgraded to 'B' from 'CCC+'; Outlook Negative Eurobank covered bonds, EUR2.45bn: upgraded to 'B' fro
(The following statement was released by the rating agency) BARCELONA/LONDON, May 16 (Fitch) Fitch Ratings has upgraded National Bank of Greece's (NBG), Piraeus Bank's (Piraeus), Alpha Bank's (Alpha) and Eurobank Ergasias' (Eurobank) Long-Term Issuer Default Ratings (IDRs) to 'B-' from 'CCC', Short-term IDRs to 'B' from 'C' and Viability Ratings (VR) to 'b-' from 'f'. The agency has also revised the Greek banks' Support Rating Floors (SRF) to 'No Floor' from 'CCC' and affirmed the Support R
NEW YORK, April 8 - National Bank of Greece : * U.S.-traded shares fall 20.8 percent to 57 cents premarket as it faces nationalization
ATHENS - Two of Greece's biggest banks face nationalization after failing to attract private investment and a surprise move by the state to suspend their merger deal.
March 7 - (The following statement was released by the rating agency) Fitch Ratings expects that the latest consolidation move in the Greek banking sector, involving the two largest banks, National Bank of Greece S.A. (NBG 'CCC'/'f' and Eurobank Ergasias S.A. (Eurobank 'CCC'/'f'), will prove beneficial to the new group's credit profile in the medium term, assuming achievement of synergies. However, in the near term, the risks may outweigh benefits. Fitch expects Eurobank to merge in
Feb 21 - Fitch Ratings has affirmed National Bank of Greece S.A.'s (NBG; 'CCC'/'C') mortgage covered bonds outstanding under Programme I at 'B-' with a Negative Outlook and has removed them from Rating Watch Negative (RWN). The rating action follows a full review of the programme, which has one outstanding series of covered bonds totalling EUR846.2m. The rating on the outstanding bonds was on RWN pending the application of Fitch's updated residential mortgage loss criteria. RATING RATIONALE Th
ATHENS - Shareholders representing a large majority of Greek lender Eurobank have accepted an all-share buyout offer from larger rival National Bank , meaning their merger will go through, a senior NBG official said on Friday.
ATHENS, Feb 13 - Greece's biggest lender National Bank of Greece on Wednesday said it would cut up to 2,000 jobs, or about 15 percent of its workforce, to generate savings from its acquisition of smaller rival Eurobank .