In light of recent press reports, National Bank of Greece (?NBG) announces that it has no intention to proceed with a share capital increase or to sell a stake in any of its subsidiaries. Furthermore, NBG is not in discussions with any other Greek bank regarding a potential merger.
NBG has a strong capital base. The maintenance and enhancement of such strong capital base continues to be a strategic priority, especially in the current economic environment. As such, NBG continuously reviews opportunities to achieve these objectives and will inform the investment community in a timely fashion of any initiatives it pursues to this end.