Athens - 26 November 2019

Agreement between National Bank of Greece and AstroBank Limited for the sale of National Bank of Greece (Cyprus) Ltd

National Bank of Greece ('NBG') announces the signing of a definitive agreement with AstroBankLimited for the sale of its 100% stake in National Bank of Greece (Cyprus) Ltd (the 'Transaction').

The Transaction is expected to have a positive impact on NBGs CET1 ratio. Closing of the Transaction is subject to approval from the Central Bank of Cyprus and the Commission for the Protection of Competition in Cyprus.

Credit Suisse International is acting as exclusive financial advisor to NBG. Freshfields Bruckhaus Deringer is acting as international legal counsel and Chryssafinis & Polyviou LLC as local legal counsel to NBG.

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National Bank of Greece SA published this content on 26 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 November 2019 15:37:06 UTC