--- id: 12613 title: "National Bank of Greece: Best Corporate Governance Greece 2023" award_year: 2024 published: 2024-07-07 13:43:03 published_gmt: 2024-07-07 12:43:03 author: "CFI.co Editorial" url: "https://cfi.co/awards/best-practice/2024/national-bank-of-greece-best-corporate-governance-greece-2023/" categories: ["Banking", "Best Practice", "Corporate Governance", "Europe"] content_class: award_rationale independence_status: independent_editorial sponsor_disclosure: none editorial_lens: constructive_positive_lens 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 content_sha256: 1d1e0182586bec620031b212128ef22e84c44c581ede3b2e4ebf13eb5483c8c6 canonical: 12613-national-bank-of-greece-best-corporate-governance-greece-2023.json --- # National Bank of Greece: Best Corporate Governance Greece 2023 > Verbatim archived copy. Canonical machine record: `12613-national-bank-of-greece-best-corporate-governance-greece-2023.json`. NBG

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).