Last €2.40 EUR
Change Today -0.01 / -0.41%
Volume 8.1M
ETE On Other Exchanges
As of 10:17 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

national bank of greece (ETE) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/22/13 - €4.70
52 Week Low
05/20/14 - €1.98
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for NATIONAL BANK OF GREECE (ETE)

Related News

No related news articles were found.

national bank of greece (ETE) Related Businessweek News

View More BusinessWeek News

national bank of greece (ETE) Details

National Bank of Greece S.A., together with its subsidiaries, offers diversified financial services primarily in Greece. The company is involved in retail and commercial banking, investment management, investment banking, insurance, investment activities, and securities trading activities. It offers demand deposits, savings deposits, and time deposits, and current accounts; investment products; consumer loans, personal loans, mortgage loans, automobile loans, overdraft facilities, and foreign currency loans, as well as letters of credit and guarantees; credit cards; currency swaps and options; and ATMs. The company also provides financial and investment advisory services, foreign exchange, custody services, and trade finance services; and shipping finance, project finance, leasing, factoring, treasury, private banking, private equity, and brokerage services, as well as asset management, including mutual funds and closed end funds. In addition, it offers life, accident, health, fire, catastrophe, credit, motor, home, and marine hull and cargo insurance products, as well as general third party liability; maritime and aviation insurance; payment protection insurance and disability insurance; and investment-saving-retirement insurance products, as well as pensions. Further, the company is engaged in the real estate management activities, such as warehousing and third-party property management; and hotel management, as well as provides real estate and consulting, and professional training services. It serves individuals, professionals, small-medium and small sized companies, and corporate customers. The company also operates in Turkey, the United Kingdom, South Eastern Europe, Cyprus, Malta, Egypt, and South Africa. As of December 31, 2013, it operated 540 branches, 1 private banking unit, 1 unit for financial institutions, and 7 specialized banking units; and 1,398 ATMs. The company was founded in 1841 and is headquartered in Athens, Greece.

37,591 Employees
Last Reported Date: 03/31/14
Founded in 1841

national bank of greece (ETE) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

national bank of greece (ETE) Key Developments

European Commission Approves National Bank of Greece's Restructuring Plan

The European Commission has cleared the proposed restructuring plan of the National Bank of Greece (NBG). NBG has repeatedly received capital and liquidity support from Greece's government and the Hellenic Financial Stability Fund (HFSF) since 2008, prompting the Commission to launch an investigation in July 2012. The commission found that the measures already implemented and those envisaged in the future will enable the bank to fully restore its long term viability, while limiting the distortions of competition brought about by the state aid granted. Notified last month, the restructuring plan will see NBG reduce its holding in its Turkish subsidiary Finansbank to strengthen its capital position.

National Bank of Greece Announces Appointments to the Board and Audit Committee; Approves Amendments to the Articles of Association

National Bank of Greece announced that at the Annual General Meeting of Shareholders held on June 26, 2014, the shareholders approved amendments to the Bank's Articles of Association and alignment with the new provisions of the Companies Act 2190/1920, as amended (pursuant to Law 3884/2010), and with the provisions of Laws 3864/2010, 4072/2012, 4156/2013 and 4250/2014: amendment of Articles 5, 6, 8, 10, 11, 12, 13, 14, 15, 18, 21, 26, 30, 31 and 32, completion, cancellation and renumbering of provisions of the Articles of Association. The shareholders also elected Mr. Dimitrios Dimopoulos, Mr. Paul Mylonas, and Ms. Paula Hadjisotiriou as new members of the company's Board, with a term of office through to the AGM of 2016, and designated Mr. Dimitrios Afendoulis as independent non-executive member of the Board. Dimitrios Afendoulis was elected as a member of the Board Audit Committee, with a term of office through to the AGM of 2015.

National Bank of Greece To Divest NBGI

National Bank of Greece SA (ATSE:ETE) expects to sell NBGI Private Equity Limited soon. The company said that it is considering second-round bids for its NBGI and is expecting a sale soon. Deputy Chief Executive, Petros Christodoulou, said, "We are now going through the second round of the secondary sale process. We believe that this is an imminent thing. It's most likely that it will be done by end-September 2014."


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ETE:GA €2.40 EUR -0.01

ETE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alpha Bank AE €0.61 EUR +0.005
HSBC Holdings PLC 629.30 GBp -7.10
Royal Bank of Scotland Group PLC 350.00 GBp -5.30
View Industry Companies

Industry Analysis


Industry Average

Valuation ETE Industry Range
Price/Earnings 4.4x
Price/Sales 2.8x
Price/Book 1.0x
Price/Cash Flow 8.6x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NATIONAL BANK OF GREECE, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at