National Bank of Greece

NBG sells Vojvodjanska Banka to OTP

National Bank of Greece announced on Friday it had signed an agreement to sell its Vojvodjanska Banka unit in Serbia and NGB Leasing as well as its corporate loan portfolio in Serbia to Hungary's OTP Bank for 125 million euros.

OTP said in statement that the deal includes other Serbian units of National Bank of Greece too.

Fokion Rok | Athens | To October 28

The National Bank of Greece Cultural Foundation presents "Fokion Rok: The Sculptor and His Archive," an exhibition casting light on the different aspects of the life and work of this important Greek artist (1895-1941), showcasing his contribution to the evolving Greek art scene in the early 20th century but also how he expressed the zeitgeist. Opening hours are Tuesdays to Fridays from 10 a.m.

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.

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.

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.

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