NATIONAL BANK OF GREECE S.A. Further to its 8.6.18 announcement with regards to the divestment process of Ethniki Hellenic General Insurance S.A., National Bank of Greece S.A. (NBG) informs investors that following the examination and assessment of the various aspects of the binding offer received by Gongbao Group for Ethniki Insurance, including certainty of the successful conclusion of the transaction, it has decided not to proceed with further negotiations with the prospective investor.
NBG remains committed to explore alternative options of compliance with its Commitments under the Restructuring Plan as agreed with the DG Competition and will inform investors accordingly in due course.
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National Bank of Greece SA published this content on 17 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 October 2018 06:57:04 UTC
