ANNOUNCEMENT
ANNOUNCEMENT
Athens, 08/06/2018
National Bank of Greece S.A. (NBG) informs investors that, with regard to the divestment process of Ethniki Hellenic General Insurance S.A., it has received and will examine a binding offer from the Chinese Group of companies Gongbao.
NBG's primary objective is that the procedure takes place in full compliance with the terms of the European Restructuring Plan and with the sole purpose of safeguarding the interests of its clients, shareholders and employees.
The historic values and the important role of NBG Group in the stability of the Greek financial system impose the examination of all best possible solutions, including the procedure of an International Public Offering.
In this context, the National Bank of Greece cooperates closely with all involved parties and particularly DG Comp, the Bank of Greece and the Hellenic Financial Stability Fund.
NBG will inform investors of any future material developments.