National Bank of Greece

Leonidas Fragkiadakis, the chief executive of National Bank of Greece, tendered his resignation on Friday, on the eve of the release of the Greek lenders' stress test results.

The chief executive of Greece's second-biggest lender, National Bank of Greece (NBG), Leonidas Frangiadakis, submitted his resignation on Friday, after a request by the bank's board, sources said.

Greek banks are seen passing the European Central Bank's stress tests, the results of which will be published in May, the chief executive of the country's second-biggest lender National Bank of Greece said on Monday. 

The new tender for the sale of leading insurer Ethniki will be open to all suitors after the first process attracted interest only from Chinese groups Fosun, Gongbao and Wintime.

Greece's second largest lender National Bank (NBG) widened its loss in the fourth quarter after booking higher provisions for impaired loans.

NBG, 40 percent owned by the country's bank rescue fund HFSF, on Wednesday reported a net loss from continued operations of 60 million euros versus a net loss of 44 million euros in the third quarter.

Greece's National Bank (NBG) said on Monday it is considering other options on its Romanian subsidiary Banca Romaneasca after Romania's central bank rejected a deal to sell the unit to Hungary's OTP Bank .

NBG had agreed in July last year to sell 99.28 percent of Banca Romaneasca to OTP Bank Romania, a unit of OTP Bank, as part of an EU-approved restructuring plan.

Romanian lender Banca Transilvania said on Friday it has received regulatory approval from the country's competition watchdog and the central bank to buy Greek Eurobank's Romanian subsidiary Bancpost.

"Banca Transilvania estimates that the closing of the transaction regarding the acquisition of Bancpost will take place during the first half of April 2018," it said in a statement.

Romania's central bank said on Thursday it had rejected Hungary's OTP Bank's acquisition of Banca Romaneasca, despite the competition watchdog clearing the purchase late last year.

OTP signed a deal in July with National Bank of Greece to purchase Banca Romaneasca.

But the sale, which had been expected to close later this year, needed regulatory approval by the central bank.

Unidentified vandals on Thursday vandalized the glass frontsand ATMs of two bank branches in central Athens using sledgehammers.

According to witnesses, a group of around 10 hooded assailants vandalized the windows of the branches of Piraeus Bank and National Bank of Greece on Halkokondyli Street.

Greece's Eurobank is looking to increase its market share in Serbia and would consider an acquisition if an opportunity arises, its chief executive told Reuters on the sidelines of a business forum.

Eurobank, the only Greek bank operating in Serbia, is the EU candidate country's seventh-largest bank with a 4.5 percent share of the market.