National Bank of Greece (NBG) is a global financial services provider established back in 1841, with a 175-years history. NBG leads one of the largest Greek financial groups, with a strong international presence including activities in Southeastern Europe and elsewhere. With a branch network covering entire Greece and subsidiaries in Greece and 11 other countries, NBG has a strong global presence and offers a broad range of financial products and services.
NBG is justifiably proud of its corporate governance record. Attaching great importance to transparency of both its operations and plans, NBG has established an approach that ensures enduring success. Throughout the years, NBG has consistently risen to challenges and proved the inestimable value of solid corporate governance.
NBG Group has sound and efficient corporate governance arrangements incorporating international best practices and centred around ensuring transparency, probity and focus on sustainable success over the longer term. A set of rules and procedures are followed, such as the Corporate Governance Code and a number of Charters and Policies, incorporating Directive 2013/36/EU (CRD IV) and principles and best practices the Group applies, like Basel Committee on Banking Supervision Corporate governance principles for banks and the G20/OECD Principles of Corporate Governance.
Mindful of its role in shaping the future, NBG revealed a ground-breaking initiative to further support the economy by becoming the first Greek bank to launch Crowdfunding, an innovative initiative targeted at financing and promoting important development and social activities.
NBG supports start-ups, financially and by offering access to business knowhow, with a special programme for start-ups, including financing and advisory services and consulting in cooperation with specialised third parties.
The Bank continuously evolves and follows technological developments, has re-designed its internet banking and expanded its chain of i-bank stores, i.e. points of service facilitating transactions and increasing the efficiency of services.
CFI.co judging panel is awed by the tenacity displayed by NBG as it leverages the power of corporate governance to constantly develop and prosper. The judges are therefore very pleased to offer the 2016 Best Corporate Governance Greece Award to NBG.