NBG earns two important distinctions at the Exports Ecosystem Awards 2013
NBG received two prizes at the award ceremony “Exports Ecosystem Awards 2013” at the annual Exports Money Conference of 2013. The Conference was organised by Ethos Media S.A. in cooperation with the Union of Diplomatic Employees of Economic and Commercial Affairs (UDE ECA) under the auspices of the Hellenic Ministry of Foreign Affairs, the Hellenic Ministry of Development & Competitiveness and the Hellenic Ministry of Rural Development and Food and its objective is to highlight and explore new export market development strategies and best practices.
NBG won the award “ARGO – Best Greek exports supporting company of the year” for the leading role it has played over the years in supporting the exports of Greek companies through its customer-focused business model.
When it comes to Greek companies penetrating emerging markets, the Bank’s contribution has been of vital importance, ensuring a smooth and effective flow of the supply and financial chain.
Furthermore, NBG was awarded a third prize “Financial Services supporting Exports 2013” for its innovative and individualized banking export services. NBG’s know-how in Trade Finance, active participation by its personnel in counterparty negotiations, specialised services for the Chinese and Russian markets, and engagement with leading players and organisations that shape economic developments ensure that NBG keeps in step with the ever changing needs of Greek businesses.
NBG has gained the market’s trust, which is not only reflected in the increasing number of Greek exporting companies that choose NBG to support their export activities, but also in the fact that it enjoys the largest share of exports in the market.
Award for NBG’s 2012 Corporate Social Responsibility Report
For the sixth consecutive year, the University of the Aegean assessed the annual CSR reports published by Greek businesses active in all economic sectors. Within the context of the assessment, NBG was awarded second prize in the general rankings, while it gained the highest ranking among banks.
NBG’s 2012 CSR report, published for the sixth consecutive year, achieved a score of B+ according to the international GRI-G3 CSR report standards. It meets a wide range of the standard’s criteria and is covered by external verification by independent auditors of the data included under the sections headed “Responsibility to the Market”, “Corporate Governance” and “Management Bodies and Committees”, plus 9 performance indicators for the report overall.
Moreover, within the context of upgrading its CSR processes, by virtue of Management resolution NBG implemented for the first time the ΑΑ100APS standard as part of its efforts to effectively and fully meet the expectations of stakeholders.
This assessment serves as yet further recognition of the high level of Corporate Responsibility that NBG has displayed for over 170 years now, and stands as acknowledgement of its social and environmental awareness, its market performance and working environment within a longstanding tradition of contributing to society at large.
NBG’s 2012 CSR report is available at NBG’s website at www.nbg.gr (under The Group > Corporate Social Responsibility > Annual CSR Reports).
i-Bank store awarded first prize in Marketing Excellence Awards!
NBG’s pioneering i-bank store was awarded first prize in the Distribution Network Administration & Trade Marketing category of this year’s Marketing Excellence Awards.
The awards are run by the Hellenic Institute of Marketing of the Hellenic Management Association and aim at showcasing the best and most innovative activities in the sphere of marketing by companies in Greece. This year’s competition included 101 entrants from 61 companies in 6 areas of marketing. The Marketing Excellence Awards were first launched in 2007 and are held every two years.
Nelly Tzakou, General Manager of Retail Banking claimed the prize from Thanassis Skordas, Deputy Minister of Development and Competitiveness, in a special ceremony held at the Hilton Hotel on 8th October 2013.
The submission process for entrants to the competition is based on specific standards and specifications and is evaluated using specific criteria and weightings. The evaluation is conducted by a 25-member committee composed of marketing representatives from the academic and business world.
The key factors contributing to the i-bank store’s success were:
- The i-bank store is an innovative concept on the global level, and has already won a number of distinctions.
- The appropriateness of, and follow-through on, our decision to develop such a pioneering concept for banking branches, in line with a key pillar of the NBG Group’s strategy: to forge a cutting-edge, state-of-the-art profile for the Bank that stands out for the way in which it offers its products and services to customers, particularly young customers below the age of 35.
- The professional and comprehensive presentation of our competition entry.
We note that this is the third time in succession that NBG has been awarded first prize in the Marketing Excellence Awards.
Triple award for NBG’s IT systems at the Business IT Excellence (BITE) Awards 2013
NBG Group’s IT unit took part in this year’s Business IT Excellence (BITE) Awards with particular success.
These awards, launched by Netweek magazine with the academic support of ELTRUN, the E-Business Research Center of the Athens University of Economics and Business, are given to companies promoting IT and communication systems thereby contributing to the technological progress of the country.
The award ceremony, held on Wednesday 10 July 2013 in Athenaeum Intercontinental Hotel, was attended by more than 250 key representatives of the market, the government and the academic community.
NBG Group’s IT unit won the following three awards:
• In the Governance, Risk & Compliance category, NBG won an award for adopting the new IT Governance Model, which facilitates the transformation of IT systems into an service-oriented unit. In the context of the transformation, the Group’s newly-launched Group IT Governance Sector developed a Management & Operation Framework based on international standards and best practices.
• In the System Integration category, the award was given in recognition of successful completion of the NBG Model Bank programme designed for our overseas subsidiaries. This is a set of IT applications aiming at ensuring provision of bank services by overseas subsidiary banks by using a shared operational model that supports a network of more than 570 branches in 8 countries.
• In the Data Center & Green IT Infrastructures category, the award went to NBG’s Athens Data Center (ADC) in Gerakas, Attica, one of the largest data processing centers in SE Europe and a major communications hub.
International award to National Bank of Greece: "Best Developed Market in Greece"
National Bank of Greece was named “Best Developed Market Bank in Greece” by international financial magazine Global Finance as part of its “World’s Best Developed Market Banks Awards 2013”, awarded for the 20th year.
The award was received by Mr. Petros Christodoulou, NBG's Deputy CEO, at the awards ceremony held in Washington, DC on Saturday, 12 October 2013.
In awarding its “World’s Best Developed Market Banks Awards”, Global Finance identifies and rewards those banks that systematically manage, against a harsh economic backdrop, to meet customers’ needs, improve profitability and set the foundations for future success.
According to Global Finance, the best bank is chosen on the basis of specific objective criteria, both quantitative and quantitative, such as asset growth, profitability, reputation, management skills, geographical coverage, strategic relationships, as well as development of new innovative products. Top banks are proposed by bankers, senior financial officers and analysts throughout the world.
This significant international award confirms once more NBG's leading position in the Greek financial system and its commitment to its strategy focused on satisfying customer needs and contributing to the financial development of Greece.
The international recognition of NBG as the best bank in Greece by Global Finance followed the “Best Bank in Greece 2013” award conferred upon the Bank by Euromoney magazine last July as part of its “Awards for Excellence 2013”.
NBG Best Bank in Greece 2013
NATIONAL BANK OF GREECE was named “Best Bank in Greece” by international finance magazine Euromoney, as part of its “Awards for Excellence 2013” awarded for the 23rd year.
In awarding its “Awards for Excellence”, Euromoney collects and assesses qualitative and quantitative data on the performance of every bank. The award serves to recognize and single out those banks that have forged a leading and dynamic profile in the global and local markets where they conduct business and have outperformed their peers.NBG receives CR INDEX 2012 award for its corporate responsibility performance
According to Euromoney, against a particularly harsh economic backdrop NBG has taken initiatives to strengthen its capital position with the recent completion of its share capital increase, while it has also significantly reduced its operational costs and improved its liquidity and its loan-to-deposits ratio.
This international award serves to vindicate yet again NBG’s strategic orientation with the further consolidation of its position in the Greek banking system, enabling it to continue to play its key role in the Greek economy – a role that NBG has consistently lived up to throughout its long history.
NBG received an award from the Corporate Responsibility Institute for its efforts to integrate corporate social responsibility into its business strategy, which includes actions for the benefit of the community, the environment, employees and the market.
NBG, which participated for the second time in the CR Index, succeeded in gaining a Gold category award for 2012. At the same time, it earned the Best Progress Gold Award.
This achievement reflects the high level of corporate responsibility displayed by NBG in 2012, marked by a clear social and environmental awareness, and strong performance in the market and its working environment, thereby continuing its 170+ year long commitment to supporting the community in which it operates.
The CR Index is an important international measure of the performance of corporations in the area of CSR and is used as a national CSR index in various countries. A key rating tool, it also serves as a benchmark for comparative evaluation of CSR performance in four specific areas: Society, the Environment, Employees and the Market.
NBG wins award: “Greece Best Trade Finance Bank 2013”
NBG has been awarded the distinction “Greece Best Trade Finance Bank 2013” by Global Finance magazine.
The selection of the best trade finance banks involved the input and evaluation of opinions of industry analysts and experts, while it is noteworthy that for the first time Greek and multinational companies participated by voting in the selection process. The criteria for choosing the winners focused on the scope and fullness of services provided, quality of customer service, and the degree of participation in developments on a global and regional level.
This award reflects the emphasis that NBG places on trade finance and especially exports, which comprise an important pillar in the drive to reboot the Greek economy. At this extremely difficult time, NBG, in line with its longstanding institutional role, supports outward-looking Greek enterprises, helping them to penetrate their target markets and ensuring the normal flow of the supply and financial chain.
The leading position of NBG, its pioneering role in the provision of specialized trade finance solutions and, more generally, transaction banking, its initiatives in collaboration with players that shape global trends, and its strong links with major international financial institutions all mean that it is ideally suited to serve the needs of Greek businesses within a constantly changing environment.
The award also reflects the confidence shown in NBG by its business customers and how it effectively responds to evolving market needs. Moreover, the Bank’s international standing ensures Greek enterprises the best possible terms in their endeavours to penetrate the international marketplace.