{ "id": 12613, "title": "National Bank of Greece: Best Corporate Governance Greece 2023", "slug": "national-bank-of-greece-best-corporate-governance-greece-2023", "url": "https://cfi.co/awards/best-practice/2024/national-bank-of-greece-best-corporate-governance-greece-2023/", "author": "CFI.co Editorial", "published": "2024-07-07 13:43:03", "published_gmt": "2024-07-07 12:43:03", "modified_gmt": "2024-12-03 12:36:51", "categories": [ "Banking", "Best Practice", "Corporate Governance", "Europe" ], "classification": { "content_class": "award_rationale", "editorial_lens": "constructive_positive_lens", "independence_status": "independent_editorial", "sponsor_disclosure": "none", "sponsor_name": "", "article_status": "published", "historical_status": "current_at_publication", "correction_status": "none", "archive_policy": "no_delete", "provenance_layer": "github_versioned", "wayback_status": "archived", "wayback_first_snapshot": "20260605033352", "wayback_snapshot_url": "http://web.archive.org/web/20260605033352/https://cfi.co/awards/best-practice/2024/national-bank-of-greece-best-corporate-governance-greece-2023/", "license": "CFI-OAAL-1.0" }, "excerpt": "", "content_html": "\"NBG\"\r\n

The National Bank of Greece (NBG) has begun to witness results from a transformation over five years in the making. Against a backdrop of geopolitical tensions, lingering pandemic impacts and climate crises, NBG has delivered another year of strong financial performance and responsible governance. The bank exited a restructuring plan in 2022 and has now entered a more extroverted phase. NBG aims to be a catalyst for growth, accelerating progress and prosperity for its clients and the country at large. It continues to push the boundaries of technology while maintaining a human focus. Artificial intelligence, robotics process automation and optical character readers are some of the more recent rollouts, but in-branch assistance will always be available for any tech-averse clients. The bank is committed to reducing its carbon footprint and has expanded perimeters for assessing and disclosing emissions associated with its activities. NBG is implementing science-based decarbonisation targets across carbon-intensive sectors and is earmarking an increasing amount of financing for renewable energy and transition projects. It introduced employee relief measures against the increased cost of living and a reward programme to protect mortgage holders against future increases in reference rates. NGB has established an innovation and sustainability committee to support its long-term vision and adopted ESG risk assessments for suppliers. It is collaborating with expert partners, including EVO Payments, to expand the offering. The CFI.co judging panel presents NBG — a repeat programme winner — with the 2023 award for Best Corporate Governance (Greece).

", "content_text": "The National Bank of Greece (NBG) has begun to witness results from a transformation over five years in the making. Against a backdrop of geopolitical tensions, lingering pandemic impacts and climate crises, NBG has delivered another year of strong financial performance and responsible governance. The bank exited a restructuring plan in 2022 and has now entered a more extroverted phase. NBG aims to be a catalyst for growth, accelerating progress and prosperity for its clients and the country at large. It continues to push the boundaries of technology while maintaining a human focus. Artificial intelligence, robotics process automation and optical character readers are some of the more recent rollouts, but in-branch assistance will always be available for any tech-averse clients. The bank is committed to reducing its carbon footprint and has expanded perimeters for assessing and disclosing emissions associated with its activities. NBG is implementing science-based decarbonisation targets across carbon-intensive sectors and is earmarking an increasing amount of financing for renewable energy and transition projects. It introduced employee relief measures against the increased cost of living and a reward programme to protect mortgage holders against future increases in reference rates. NGB has established an innovation and sustainability committee to support its long-term vision and adopted ESG risk assessments for suppliers. It is collaborating with expert partners, including EVO Payments, to expand the offering. The CFI.co judging panel presents NBG — a repeat programme winner — with the 2023 award for Best Corporate Governance (Greece).", "content_sha256": "1d1e0182586bec620031b212128ef22e84c44c581ede3b2e4ebf13eb5483c8c6", "record_sha256": "b313a4578f1b90d8b1d4c9cee6cbbdedebb83f0ca504968f06f95b7dcd1c49a6" }