trending Market Intelligence /marketintelligence/en/news-insights/trending/W-yG8gmHhYUqWlTJu5Psyw2 content esgSubNav
In This List

National Bank of Greece extends shareholder agreement with INVEL Group

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


National Bank of Greece extends shareholder agreement with INVEL Group

National Bank of Greece SA and INVEL Group extended the shareholders' agreement between them by three months beginning from the end of December 2018 to the end of March.

The amendment implies a corresponding extension of INVEL Group's call option of shares owned by NBG at the weighted average price of NBG Pangaea REIC in the last quarter of 2018 and certain other conditions.

NBG also denied media reports about NBG retaining control of Pangaea if it owns over 20% of Pangaea's stock and about the amendment of the call option price on the shares owned by the central bank.