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Topic: Bank of Greece


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In the News (Mon 28 May 12)

  
  National Bank of Greece, EBRD and IFC join forces in FYR Macedonia's largest bank privatisation [EBRD - Press ...
In support of the largest bank privatisation in the Former Yugoslav Republic of Macedonia, the National Bank of Greece (NBG), the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are making equity investments in Stopanska Banka.
It is the largest full-service universal bank, and as of the end of 1998, it handled around 35 per cent of the country’s payment operations, total customer deposits and total customer loans in the sector.
The National Bank of Greece is the largest commercial bank of Greece and leads the biggest financial services group of the country.
www.ebrd.com /new/pressrel/1999/86dec21.htm   (657 words)

  
 Bank Greece Web Guide & Resources
The National Bank of Greece said on Monday it had acquired a 46 per cent stake in Turkey's Finansbank for 2.3 billion euros and announced it would make a public offer to buy a controlling share...
ATHENS, Greece -- The National Bank of Greece announced Monday that it was buying a 46 percent stake in Turkey's Finansbank for $2.77 billion to expand its reach in southeastern Europe.
ATHENS The National Bank of Greece announced Monday that it was buying a 46 percent in Turkey's Finansbank for 2.3 billion ($2.77 billion) and would make a public offer to gain a controlling stake.
www.cultural-tours.org /bank-greece.html   (481 words)

  
  Bank of Greece - The Bank
The Bank of Greece is the central bank of the country.
Meeting of the General Council of the Bank of Greece on 20 November 1933, the date when the foundations of the new building were laid, held at the lowest level of the newly excavated site.
The Bank's Head Office is located in the centre of the city of Athens, at 21 El.
www.bankofgreece.gr /en/bank   (266 words)

  
  Greece Banking and Finance - Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International ...
Among Greek banks, the Bank of Greece is by far the largest institution, controlling 29 percent of banking assets and 37 percent of deposits in 1991.
The largest among the foreign banks is the New York-based Citibank, which in 1991 controlled about one-quarter of the assets and onethird of the deposits held by foreign banks in Greece.
In the mid-1990s, government policies in the financial area are mainly directed to the maintenance of competition in banking, and to further strengthening of the role of the stock exchange.
www.photius.com /countries/greece/economy/greece_economy_banking_and_finance.html   (1210 words)

  
 ekathimerini.com | Bank of Greece eyes rate impact
With interest rates on an upward path, the Bank of Greece has warned banks to be more stringent in their lending policies as the higher cost of borrowing is squeezing household incomes and threatening to hurt property prices.
Sources from the Bank of Greece, the country’s central bank, said that banks are continuing to offer home loans for amounts that exceed 75 percent of the property value despite warnings against this practice.
Banks have mortgaged homes to the value of 56 billion euros, of which 2 billion euros concern home loans where the mortgage holder is having difficult meeting payments.
www.ekathimerini.com /4dcgi/_w_articles_politics_100008_05/08/2006_72884   (263 words)

  
 Bank of Greece predicts growth in 2007 - Boston.com
Greece's economy is expected to continue growing at a fast pace, with gross domestic product to expand 4 percent in 2007, the Bank of Greece said in an annual report Tuesday.
ATHENS, Greece --Greece's economy is expected to continue growing at a fast pace, with gross domestic product to expand 4 percent in 2007, the Bank of Greece said in an annual report Tuesday.
Inflation is expected to ease to 2.8 percent this year from 3.3 percent in 2006, the monetary policy report said.
www.boston.com /news/world/europe/articles/2007/02/13/bank_of_greece_predicts_growth_in_2007   (159 words)

  
 National Bank of Greece   (Site not responding. Last check: )
The interior of the building is also interesting, since it is specially modeled to house the National Bank of Greece in the ground-floor and the residence of its Director on the first floor.
Due to the increasing needs of the Bank, there have been various interventions from time to time in the interior.
The last approval for works was given in 1994 to the architect G. Papazoglou who has also conducted the study.
www.culture.gr /2/21/213/21301n/e213an02.html   (112 words)

  
 Business archives in Greece: The example of the Historical Archives of the National Bank of Greece : Strengthening ...
The National Bank of Greece (N.B.G-), which was founded in 1841, is the oldest operating bank in the country, It began as a private discount and mortgage institution, with the monopoly of issuing bank notes until the foundation of the Bank of Greece in 1928.
The National Bank of Greece merged with the Bank of Athens in 1953 and with the Ethniki Ktimatiki Trapeza Ellados (The National Mortgage Bank of Greece) in 1998.
The Historical Archives of the National Bank of Greece are interested in acquiring microfilm copies of archival material pertaining to the history of the bank and the economic history of Greece held in other archival institution in Greece and abroad.
www.loc.gov /rr/european/GrkColl/pantelakis.html   (1305 words)

  
 NATIONAL BANK OF GREECE
National Bank of Greece, the oldest and largest among Greek banks, heads the strongest financial group in the country.
Founded in 1841 as a commercial bank, NBG enjoyed the right to issue banknotes until the establishment of the Bank of Greece in 1928.
NBG is a financial institution legally operating subject to the Greek and the EU banking legislation, specifically the provisions, as currently applicable, of Law 2076/92 whereby the second banking directive 89/646/EEC was incorporated into Greek law.
www.nbg.gr /en/bank.asp   (298 words)

  
 Banking Services in Greece
Banks are open Monday to Friday 8am to 2pm but close on Fridays at 1.30pm Fridays.
State-owned banks such as the National Bank of Greece tend to have longer waiting times, but queues can also be long in private banks such as Alpha Bank and EFG Eurobank.
ABN AMRO Bank, Agricultural Bank, Alpha Bank, Aspis Bank, Bank of Attica, Bank of Cyprus, Citibank, Emporiki Bank (formerly the Commercial Bank of Greece) EFG Eurobank - Ergasias, Egnatia Bank, General Bank of Greece, HSBC Bank, ING Bank, National Bank of Greece, Nova Bank, Piraeus Bank and Win Bank, the latter's electronic banking subsidiary.
www.helleniccomserve.com /banking.html   (569 words)

  
 Greece Travel Guide and Hotels in Greece
Greece consists of a large mainland and around 3000 islands.
Greece is a member of the United Nations and the European Union.
The development of the economy and democracy after World War II was slower compared to Western Europe, but now Greece is a democratic republic and a fairly advanced member of the European Union.
www.traveldir.org /greece   (503 words)

  
 Greece
Welcome to the website of the World Bank Greek Country Dialogue Team devoted exclusively to interaction between Greece and the World Bank in day-to-day efforts to achieve a world free of poverty.
By means of this electronic information tool, we introduce you to Greece's formal involvement in the institution's governance and the shaping of its policies.
To help you navigate the World Bank maze more easily, we present road-maps for Greek academics, researchers, students, parliamentarians, media, business people, government officials, and civil society organizations searching for information and contacts related to their particular perspectives, knowledge, and skills.
web.worldbank.org /WBSITE/EXTERNAL/COUNTRIES/WBEUROPEEXTN/GREECEEXTN/0,,contentMDK:20239856~hlPK:478802~menuPK:391218~pagePK:141137~piPK:217854~theSitePK:391212,00.html   (166 words)

  
 Bank of Greece urges restraint in incomes, inflation policies
Bank of Greece's governor, Lucas Papademos, on Friday urged for a restraint in the country's incomes and inflation policies, aimed to strengthen economic competitiveness after the adoption of the Euro currency.
Addressing a seminar on Greece's participation in the Euro zone, organized by the National Bank of Greece, the central banker said that the inflation rate would not diverge significantly and systematically for a long time period from the Euro zone's average rate.
National Bank of Greece's governor, Theodore Karatzas, said that the introduction of the Euro currency was creating a new economic area in Europe, characterized by increased transparency in consumer choices, higher demands in production procedure and wider liquidity in capital markets.
www.greekembassy.org /Embassy/Content/en/Article.aspx?office=1&folder=295&article=5509   (254 words)

  
 Bank of Cyprus withdraws Emporiki bid - Banking Business Review   (Site not responding. Last check: )
Bank of Cyprus has withdrawn its cash and shares offer for Emporiki Bank of Greece, leaving French lender Credit Agricole as the sole bidder for Greece's sixth largest bank.
Bank of Cyprus had only a day earlier instructed its lawyers to examine a Greek court opinion that a plan for an industry-wide pension fund may be unconstitutional.
Bank of Cyprus said in response to the court's opinion: "Acting with a high level of duty of care to safeguard the best interests of its own shareholders, staff and customers, the Bank of Cyprus Group is reviewing these developments."
www.banking-business-review.com /article_news.asp?guid=11A30D09-A2D4-47AE-AEE6-87BCCCB95FA2   (242 words)

  
 National Bank of Greece '06 profit rises - Boston.com
National Bank of Greece said Wednesday its 2006 net profit rose 36 percent on strong loan growth, sales of overseas subsidiaries and the partial consolidation of a recent Turkish acquisition.
ATHENS, Greece --National Bank of Greece said Wednesday its 2006 net profit rose 36 percent on strong loan growth, sales of overseas subsidiaries and the partial consolidation of a recent Turkish acquisition.
In mid-August, the bank completed its acquisition of a 46 percent stake in Turkey's Finansbank and has consolidated the results for the last four and-a-half months of 2006.
www.boston.com /business/articles/2007/02/21/national_bank_of_greece_06_profit_rises   (225 words)

  
 National Bank of Greece 1841-1900
National Bank of Greece was founded in 1841 by George Stavros (1788-1869).
American Bank Note Company and Bradbury Wilkinson and Co printed the majority of the banknotes with face values of 5, 10, 20, 25, 50, 100, 500, 1000 and 5000 drachmas and also 1, 2 and 5 drachmas.
From these banknotes and until 1927 all banknotes of National Bank of Greece bore the image George Stavros, founder of the bank.
www.geocities.com /greekcurrency2/en_ethniki_1.htm   (348 words)

  
 Greece - Hellenic Republic - Country Profile - Ellas, Hellas, Ellada - Greece Tourism
In ancient times in Greece there have been three main civilizations, the Trojan civilization in Troy, the Cretan or Minoan civilization centered on Crete, and the Helladic or Mycenaean civilization of the Greek mainland.
Greek's victory against the Persian invaders at the beginning of the 5th century strengthens Athens role as the leader of the Greek world and marks the beginning of an epoch that was called "The Golden Age of Pericles" in which Athens became the cradle of democracy itself.
Greece has an abundance of resources that tourists with ecological and cultural interests will find attractive.
www.nationsonline.org /oneworld/greece.htm   (849 words)

  
 HSBC Bank plc Greece - Terms & Conditions
This Site is issued by HSBC Bank plc, Greece, a member of HSBC Group, one of the world's largest banking and financial services organisations with more than 9,800 offices in 77 countries and territories.
All products and services provided by HSBC Bank plc Greece are subject to the terms and conditions and disclaimers of the applicable agreement governing their supply and use ("Product terms and conditions").
In some cases, information provided on this web site has been obtained from other sources and while HSBC Bank plc and its subsidiaries endeavour to maintain the accuracy of all information, it makes no representation or warranty as to the accuracy of this information and cannot be held responsible for errors or omissions.
www.hsbc.gr /en/about/termsconditions.htm   (1619 words)

  
 OmegaBank - The Bank   (Site not responding. Last check: )
Omega Bank S.A. acquired its license from the Bank of Greece in February 2001.
The second phase of the Bank's development was approved by the Bank of Greece on September 6th, 2002 and includes the broadening of its network by another seven branches.
The Bank's widely diversified equity base includes many renowned Greek entrepreneurs as well as the main shareholders of the formerly Omega Securities S.A. your browser does not support iframes and is rather obsolete.
k.domaindlx.com /omega30/theBank/index_en.html   (186 words)

  
 The Banker: Greece
National Bank of Greece (NBG) has achieved impressive results in the past year, both in terms of profitability and expansion in the home market and abroad.
The deal struck between National Bank of Greece to buy Turkey’s Finansbank is likely to be the first in a line of cross-border acquisitions.
As the youngest general manager at National Bank of Greece (NBG) – the country’s biggest banking group – Agis Leopoulos, head of international activities, had to prove he deserved a place on the team.
www.thebanker.com /news/categoryfront.php/id/183/Greece.html   (371 words)

  
 EMBASSY OF GREECE
Duly authorized banks are obliged to issue the foreign exchange necessary for fulfillment of exchange obligations.
The enforceability in Greece of the decisions of foreign courts and documents drawn up by foreign notaries public and employees, without adherence to the enforcement provisions which are normally observed by the Greek courts, by way of derogation from the provisions of article 966 et.
Lifting of restrictions on the issuing of foreign exchange to residents of Greece for the purpose of studying at institutions of education abroad.
www.telecom.net.et /~greekemb/business/fcapital.html   (2014 words)

  
 Agricultural Bank of Greece   (Site not responding. Last check: )
Agricultural Bank of Greece is founded as a non-profit organisation, provider of credit to the agricultural sector.
The bank mainly aims at implementing programmes for financing both the activities of the primary sector of the economy and the processing and marketing of agricultural products, and enhancing rural development.
Agricultural Bank increases its capital in order to enter Athens Stock Exchange, where its shares are listed since January 2001.
www.ate.gr /en/bank_his.shtml   (171 words)

  
 goGreece.com: Finance
This is the Internet office of Egnatia bank, the first Greek bank that offers web-based banking.
Here is a comprehensive resource guide to investing in Greece for both Greek and non-Greeks.
The Internet branch of the National Bank of Greece.
www.gogreece.com /business_finance/finance.html   (342 words)

  
 Piraeus Bank - Wikicompany
Piraeus Bank is a large Greek bank with about 270 branches, including one in London, and subsidiaries in New York and the Balkans.
It also acquired 37% of Macedonia-Thrace Bank from National Bank of Greece in a privatization.
Piraeus Bank Subsidiary Trieris Acquired EUR 5 mln Bucharest...
wikicompany.org /wiki/Piraeus_Bank   (438 words)

  
 Ecumenical Patriarch visits Bank of Greece
Ecumenical Patriarch Bartholomew I on Monday paid a visit to the Bank of Greece, where he officially opened a two-day seminar on "The Ecumenical Patriarchate and the Economy of the Nation".
This was the first-ever visit by an ecumenical Patriarch to the country's central bank.
The seminar was attended by Archbishop Christodoulos of Athens and All Greece, European Central Bank vice-president Loukas Papademos, Patriarchate benefactor Theodoros Angelopoulos, members of the Athens Academy and representatives of other religions and denominations.
www.ana.gr /anaweb/user/showplain?maindoc=4715887&maindocimg=2361588&service=100   (247 words)

  
 Bank of Greece's George Tavlas, European Central Bank Rep, at Babson April 25th
Tavlas, the 2006 Carpenter Family Lecturer at Babson, was a research economist with the International Monetary Fund (IMF) and later with the Bank of Greece.
At the Bank of Greece he serves as Greek delegate to the European Central Bank (ECB).
He has been an Advisor to the World Bank in Washington, D.C., and a Consultant for the Organization for Economic Cooperation and Development in Paris.
www3.babson.edu /Newsroom/Releases/Tavlas-Carpenter4-06.cfm   (320 words)

  
 Greece's Economic Performance and Prospects
This book results from a collaboration among Greek and non-Greek economists, sponsored by the Bank of Greece and the Brookings Institution.
The first is to facilitate understanding of Greek observers about their economy and to stimulate a constructive policy debate within Greece.
The second complementary goal is to provide an analysis of the Greek economy useful to observers of other nations whose economic situations and problems have similarities with those of Greece.
www.brookings.edu /press/books/greeces_economic.HTM   (319 words)

  
 Proposal to the Bank of Greece on the Organization of the Secondary Market for Greek State Bills, Notes, and Bonds   (Site not responding. Last check: )
The Bank of Greece is advised to open a secondary market in Greek State bills, notes, and bonds.
The Bank is also advised to run the primary market for Greek State bills, notes and bonds as an ascending open-outcry single-price auction.
For that purpose, the Bank of Greece is advised to create a new Division to run the primary and secondary markets.
www.stern.nyu.edu /networks/bankgree.html   (193 words)

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