PRESS RELEASE 27/11/2025 National Bank of Greece completes the sale of its minority stake at Ethniki Insurance
National Bank of Greece ("NBG") informs investors that it has entered into a definitive agreement and completed the sale of 9.99% Ethniki Insurance stake to Piraeus Bank.
The consideration received amounted to c.€62.4mn. The transaction is capital accretive for NBG by c.10bps in the CET1% as of 30/9/2025.
National Bank of Greece S.A
86 Aiolou str., 105 59 Athens, Greece
Tax ID Number: 094014201, Tax Office: F.A.E. Athens,
General Commercial Registry No.: 237901000 nbg.gr