NBG was awarded by CFI.co following an evaluation of the corporate governance practices it has in place. The organisation praised the Bank’s application of international best practices in corporate governance, conduct and corporate social responsibility initiatives, as well as its historical contribution to economic development.
The Chairman of NBG Board of Directors, Mr. Gikas Hardouvelis stated the following: "This award recognises and confirms the constant application by the National Bank of a robust corporate governance framework, which reflects the principles that the Bank has traditionally valued and serves as the basis for the effective implementation of the Bank’s strategy. The Board of Directors and the Management of the National Bank ensure the existence of appropriate corporate governance structures, focusing on contributing to society and supporting the economy, guided by the values of sustainability and corporate social responsibility. We are continuing to operate with responsibility, transparency and accountability in accordance with the National Bank’s long history, preserving the relations of trust we have built with investors and the Greek society.”
As the General Manager of Group Compliance and Corporate Governance, Mr. Panos Dasmanoglou additionally noted: "The award reflects NBG’s constant target being maintaining strong internal corporate governance arrangements by incorporating in the Bank’s strategy ongoing monitoring of trends, international best practices and legislative and regulatory developments on financial institutions’ internal governance.”
Having already been awarded several times for its corporate governance arrangements, National Bank of Greece continues to set at the top of its Agenda incorporation of highest quality corporate governance standards, sustainable development (ESG) and corporate social responsibility.
