National Bank of Greece
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Taxpayers settling tax debts at banks to be charged extra commission
Tax payers opting to settle their debts to the tax services over bank counters will be charged with an extra commission as of Friday, July 28. The decision by the Independent Public Revenues Authority was published in the government gazette on Tuesday. The decision also determines the charges that the public revenue authority will pay per transaction at banks for taxes.
Poe's Raven | Thessaloniki | To September 16
Artist Tassos Mantzavinos delves into the world of horror with "Edgar Allen Poe's Raven," an exhibition of drawings, engravings and colored inks inspired by the American writer's seminal work and organized by the National Bank of Greece Cultural Foundation (MIET).
- Read more about Poe's Raven | Thessaloniki | To September 16
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NBG gets shareholder approval for Ethniki sale
National Bank of Greece shareholders on Friday approved the sale of a majority stake of its insurance subsidiary to Anglo-Dutch consortium Calamos-EXIN.
EXIN is buying 75 percent of the division for 718.3 million euros.
The sale is part of National Bank's strategy to focus on core banking activities under a restructuring plan approved by the European Commission.
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NBG to collect 718 mln from Ethniki sale while keeping brand name
The National Bank of Greece general meeting scheduled for Friday is expected to approve the transfer of 75 percent of NBG's insurance arm, Ethniki, to Dutch-based Exin Financial Services Holding BV. The deal will not include ownership of the Ethniki brand name, which will only be rented to the investor.
Chronis Botsoglou | Lesvos | June 28 - August 6
The National Bank of Greece Cultural Foundation presents an exhibition of 51 works by Chronis Botsoglou that were painted between 2008 and 2016 based on the view that the acclaimed artist saw from the window of his home in the village of Petri on Lesvos.
- Read more about Chronis Botsoglou | Lesvos | June 28 - August 6
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KBC completes acquisition of United Bulgarian Bank and Interlease
KBC completed the acquisition of United Bulgarian Bank and Interlease from the National Bank of Greece for a total consideration of 610 million euros, representing a 1.10x multiple of the 2016 Tangible Book Value of UBB and Interlease. The acquisition - which was announced on 30 December 2016 - was approved by the relevant regulatory authorities and received anti-trust approval.
National, Piraeus hit by review uncertainty in Q1
Uncertainty over the Greek bailout review took its toll on Piraeus Bank and National Bank of Greece (NBG) in the first quarter as the country's two biggest lenders focused their efforts on cutting bad debts.
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Bank robber slapped with 36-year sentence
A court sentenced Marios Seisidis to 36 years in prison on Monday for the armed robbery of a National Bank of Greece branch in the center of Athens in 2006.
The court found him guilty on charges of robbery and the attempted murder of three guards at the bank.
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Ethniki Insurance sale to go ahead as planned
National Bank of Greece has completed 80 percent of its restructuring plan, with five actions left to complete before the end of 2018.
The most important of these is the sale of its insurance subsidiary.
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Eurogroup: The negotiations start again in Athens
The Greek government seems that has managed to reach an agreement in today’s Eurogroup. According to a non paper from the Greek side that was released around six p.m., the representatives of the lenders will return to Greece to conclude the second evaluation of the Greek program.
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