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Last $1.28 USD
Change Today 0.00 / 0.00%
Volume 0.0
NBGIF On Other Exchanges
Symbol
Exchange
OTC US
Athens
Frankfurt
Frankfurt
As of 8:10 PM 06/26/15 All times are local (Market data is delayed by at least 15 minutes).

national bank of greece (NBGIF) Key Developments

Qatar's QNB and Bahrain's ABC In Talks To Buy Turkey's Finansbank

Qatar National Bank S.A.Q. and Bahrain's Arab Banking Corporation-Egypt (S.A.E) show early interest in acquiring National Bank of Greece S.A.’s Turkish arm Finansbank AS, two people familiar with the matter said. "We continue to explore the market for the sale of a minority stake in Finansbank, a 34 percent stake," an NBG official said, without giving more details.

National Bank of Greece S.A. Proposes to Amend Article of Association

National Bank of Greece S.A. announced the annual general meeting of shareholders to be held on 19 June 2015, at the meeting the company proposes amendment of article 24.2 and 24.3 of the bank’s articles of association.

National Bank of Greece S.A., Annual General Meeting, Jun 19, 2015

National Bank of Greece S.A., Annual General Meeting, Jun 19, 2015., at 12:00 E. Europe Standard Time. Location: 93 Eolou St. (Megaro Mela). Agenda: To consider the submission for approval of the board of directors report on the annual financial statements of the bank and the group for the financial year 2014; to consider the discharge of the members of the board of directors and the auditors of the bank, of ETHNIKI KEFALAIOU S.A., and ETHNODATA S.A. from any liability for indemnity regarding the annual financial statements and management for the year 2014; to consider the election of regular and substitute certified auditors for the audit of the financial statements of the bank and the financial statements of the group for the year 2015; to consider the election of a new board of directors and appointment of independent non-executive members pursuant to the provisions of Law; to consider the approval of the remuneration of the board of directors of the bank and of ETHNIKI KEFALAIOU S.A. for the financial year 2014; and to consider the amendment of Article 24.2 and 24.3 of the Bank's articles of association.

National Bank of Greece S.A. Announces Management Changes

The Board of Directors of National Bank of Greece S.A. during its meeting held 28 May 2015, decided to proceed with several changes in Executives' positions, with the purpose of creating a more flexible and efficient management structure. Mr. Dimitrios Kapotopoulos is promoted to the position of General Manager of Corporate Banking, from the position of Assistant General Manager of Corporate Special Assets, which he up to now held. New duties are assigned to Messrs. Alexander Benos - Group Chief Risk Officer, Constantinos Vossikas - Assistant General Manager of Corporate Special Assets and Panagiotis Dasmanoglou - Group Chief Compliance and Corporate Governance Officer. Assistant General Managers are appointed as follows: Mr. Ioannis Vagionitis - Group Chief Credit Officer, Mr. George Triantafyllakis - Assistant General Manager of Legal Services, Mr. Vassilis Kavalos - Assistant General Manager of Treasury and Global Markets, Mr. Vassilis Mastrokalos - Assistant General Manager of Strategy, Mr. Vassilis Skiadiotis - Assistant General Manager of Retail Banking. Mr. Petros Fourtounis, who up to date held the position of General Manager of Corporate Special Assets, takes over the position of General Manager of Group Human Resources. Mr. Anthony Antonopoulos, who up to date held the position of Assistant General Manager of Group Human Resources, takes over the position of Assistant General Manager of Security. At the meeting of the Board of Directors announced the resignation of Mrs. Paula Hadjisotiriou, who held the position of Deputy Chief Executive Officer and was an executive member of the Board of Directors.

National Bank of Greece S.A., Board Meeting, May 28, 2015

National Bank of Greece S.A., Board Meeting, May 28, 2015. Agenda: To approve the several changes in executives' positions, with the purpose of creating a more flexible and efficient management structure.

 

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Valuation NBGIF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 7.4x
Price/Book 0.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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