The issue of affordable housing remains particularly acute, as the average Greek household struggles to keep pace with the ongoing rise in housing costs.

The project has an estimated budget of €16.7 million, with a construction period set at 670 days.

Both transactions are expected to strengthen NBG’s capital position and are aligned with its strategic objective to reduce legacy NPEs and improve asset quality.

The fair value of assets under management1 on June 30, 2025 amounted to €3,158.3 million.

Adjusted EBITDA reached €13.1 million, up 41.8%.