NBG Group

National Bank of Greece, the oldest and largest among Greek banks, heads the strongest financial group in Greece . It boasts of a dynamic profile internationally, particularly in Southeastern Europe and the Eastern Mediterranean.

Founded in 1841 as a commercial bank, NBG enjoyed the right to issue banknotes until the establishment of the Bank of Greece in 1928. It has been listed on the Athens Stock Exchange since the latter's foundation in 1880. Since October 1999, the Bank has been listed on the New York Stock Exchange.

One of the Bank's main strengths is the confidence shown in it by its customers, who hold over 9 million deposit accounts and more than 1 million lending accounts with NBG.

The Bank has 590 domestic banking units and 1316 ATMs, covering the entire geographical area of Greece. It is developing and expanding alternative distribution channels for its products, such as Mobile and Internet banking. Today, after recent acquisitions on the Balkans the Group's network overseas includes 290 units. Its major subsidiaries include Stopanska Banka AD Skopje, National Bank of Greece Cyprus LTD, Banca Romaneaska S.A., The South African Bank of Athens Ltd., United Bulgarian Bank AD, Sofia.

NBG Group members are active in Investment banking, insurance, mutual funds management, brokerage, lease services.
 

NBG Group in Bulgaria
The activity of National Bank of Greece in Bulgaria started in 1996 with the opening of the first NBG branch.. In the year 2000 NBG acquired 89.9% share in United Bulgarian Bank – then the second largest bank in Bulgaria. In 2004 the NBG shares in UBB reached 99.9%.

UBB membership in the NBG Group gave the Bank’s business the stability and security of the South East Europe’s most prestigious financial institution. UBB takes advantage from the superior financial strength and a broad range of commercial investment banking products and services, which the Group offers through its units in Albania, Serbia & Montenegro, Romania, FYROM and Bulgaria.

The other major NBG subsidiaries in Bulgaria are Interlease – the biggest lease company on the local market and UBB Asset Management.