National Bank of Greece (“NBG”) informs investors that it has entered into a definitive agreement and completed the sale of 9.99% Ethniki Insurance stake to Piraeus Bank.
The consideration received amounted to c.€62.4mn. The transaction is capital accretive for NBG by c.10bps in the CET1% as of 30/9/2025.
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National Bank of Greece completes the sale of its minority stake at Ethniki Insurance
- NBG Group
- Press Office
- National Bank of Greece completes the sale of its minority stake at Ethniki Insurance
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