National Bank of Greece

National Bank of Greece S.A. (NBG) is a systemic Greek lender headquartered in Athens and listed on the Athens Exchange under ticker ETE, with origins dating to 1841. The group provides retail, SME, and corporate banking services including current and savings accounts, term deposits, debit and credit cards, consumer and mortgage lending, working capital and investment loans, trade finance, cash management, and treasury solutions, alongside ancillary activities through subsidiaries in asset management, brokerage, leasing, and factoring. Distribution combines a nationwide branch and ATM network with digital channels (web and mobile) for account opening where eligible, payments, transfers, card controls, and loan servicing; domestic and cross-border euro payments are processed via DIAS/SEPA schemes, and fees follow published tariffs by product and channel. In recent years NBG has streamlined its footprint, disposing of various non‑core international operations and focusing mainly on the Greek market; it also completed the sale of a majority stake in Ethniki Insurance while maintaining a bancassurance partnership. Asset quality has improved materially from crisis‑era levels through restructuring and portfolio sales/securitisations, while capital and liquidity metrics are managed against ECB/SSM requirements; the bank issues covered bonds and senior preferred/MREL‑eligible instruments as part of its funding and resolution planning. Deposits are protected up to €100,000 per depositor per bank by the Hellenic Deposit and Investment Guarantee Fund (TEKE). Governance and disclosures follow IFRS and EU prudential rules, with periodic reporting on capital, liquidity, and risk. Key sensitivities include concentration in the domestic economy, interest‑rate and funding costs, regulatory demands, and competition from other Greek banks and non‑bank providers.