NBG Equity

completed

The project consists of a straight equity investment by IFC of EUR20 million in National Bank of Greece S.A. (“NBG” or the “Bank”) to support the recapitalization of the Bank by participating in a share offering in accordance with the Recapitalization Framework.Founded in 1841, NBG is the oldest and the third largest bank in Greece with the market shares of approximately 25% in household lending and 25% in deposits. The Bank serves more than 6 million of retail and 8,700 corporate clients through the network of more than 500 branches, 1,400 ATMs and 55,000 points of sale. NBG has considerable presence in other SEE countries, including Bulgaria, F.Y.R.O.M., Albania, Serbia, Romania and Cyprus. The Bank also operates in Turkey via the 99.8%-owned subsidiary Finansbank A.S.As of September 30, 2015, NBG had total assets of EUR110.9 billion, total customer deposits of EUR55.8 billion and total net loans of EUR63.9 billion. The Bank’s Common Equity Tier I ratio as of the same date was 9.6%.