In view of the crisis in global money markets, National Bank of Greece announces to investors that it is no longer seeking an international insurer as a strategic partner for its insurance business, Ethniki Insurance.
NBG firmly believes in the growth prospects for the insurance industry both in Greece and SE Europe and Turkey.
Given this situation, NBG will support the implementation of Ethniki Insurance's business plan, with regard to both operations and production through the growth of bancassurance.
With its strong brand name, capital strength and leading position in the market, Ethniki Insurance is well placed to leverage the opportunities emerging as a result of current economic developments, providing its customers and the public in general with the security they need.