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NBG offloads its Bulgarian subsidiary

14 June 17 - RE+D Magazine
NBG offloads its Bulgarian subsidiary

COMPANIES

PROPRIUS

Consultant - GREECE

PEOPLE

National Bank of Greece S.A. on Wednesday announced the completion of the sale of its 99.91 pct stake in its Bulgarian subsidiary United Bulgarian Bank A.D. and its 100 pct stake in Interlease E.A.D. to KBC Bank NV for 610 million euros, following approvals by the required regulatory and anti-trust authorities.

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