Top Largest Banks in Greece

The top largest banks of Greece include National Bank of Greece, Alpha Bank, EFG Eurobank Ergasias, Piraeus Bank, among others.

National Bank of Greece (NBG) is the oldest and largest among Greek banks. 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. The NBG Group offers a comprehensive range of financial products and services that meet the constantly changing needs of corporate customers and private individuals, including investment banking services, brokerage, asset management, insurance, leasing and factoring.

Alpha Bank is the second largest bank in Greece. It was designated "Bank of the Year" in Greece for 2010, by the prestigious international financial magazine, ''The Banker'', in an awarding ceremony that took place in London (UK). In 2003, Alpha Bank was awarded by the investors’ community of the country with the first Award for the Best Bank in the context of the Company Awards organized by “CHRIMA” magazine. Additionally the Bank won the Best Greek Bank Euromoney award for the year 2005.

EFG Eurobank Ergasias is the third largest bank in Greece. Eurobank EFG is steadily included among the largest listed companies by market capitalization in the Athens Exchange (ASE) since its successful IPO in March 1999.

Piraeus Bank was established in 1916 and it is the fourth largest bank in Greece. The Bank provides a full range of banking services and it is specialized in SMEs, retail banking, e-banking and capital markets. Piraeus Bank's stocks are listed in the Athens Stock Exchange (ATHEX) since 1918. In June 2000, the Bank absorbed Xiosbank and Macedonia-Thrace Bank, while in December 2003 it also absorbed ETBAbank, thus creating one of the biggest private banks in Greece.
0 comments: