The transaction is capital accretive for NBG and is expected to increase the proforma CET1 and Total Capital Ratio of the Bank by c.60bps as of 30.09.2021.

Out of the total of these loans to NFCs, an amount of €15,650 million corresponds to loans to small and medium-sized enterprises.

The institution has received the relevant licensing from the Bank of Greece.

Their favorable estimates for Alpha Bank are based on the decisive steps taken by the bank’s management with a strategic goal of a return on equity of 10% by the end of 2023.

A preliminary lease agreement for 20 years closed period has been signed.

The total budget of the project amounts to € 3 million including VAT.

The counsil of State seises the Skaramaga Shipyards transfer to the MILINA ENTERPRISES

The selected contractor will be announced within February 2022.

The company focuses on areas in the Southern Suburbs and is in talks for a new space in Thessaloniki.

The combined bank, in which Eurobank holds 70%, with a strong capital and liquidity position and a market share of 6.5% in customer loans, becomes the seventh largest in Serbia.