National Bank of Greece (“NBG”) announces the completion of the sale of its 99.28% stake in Banca Romaneasca (“BROM”) to Export-Import Bank of Romania (“EximBank”) (the “Transaction”), following receipt of the required regulatory and anti-trust approvals.
The successful completion of the Transaction increases NBG Group’s Q3.19 CET1 Ratio by c. 24bps.
Credit Suisse International acted as exclusive financial advisor to NBG. Freshfields Bruckhaus Deringer acted as international legal counsel and Filip and Company as local legal counsel to NBG.
