History

National Bank of Greece (NBG) was established in 1841 and is the first bank of the modern Greek state. Since then it has exhibited solid growth and development and has been one of the pillars of the Greek Economy, with a decisive contribution to the local society and the Greek population around the world.

NBG currently leads one of the largest and strongest financial groups in Greece, with presence in Southeast Europe and Eastern Mediterranean.

NBG Group facts:

  • its International and Local Network comprises of multiple entities covering the full spectrum of financial services
  • its network abroad includes 119 Units, while the Group employs 11,800 employees (data as of 30.09.2017)
  • with 542 Units and 1,447 ATMs it has an extensive service network covering the entire geographical area of Greece
  • it is listed on the Athens Exchange (ATHEX) since 1880 and on the New York Stock Exchange (NYSE) since 1999

We outline that the Group today has:

(as at 30/09/2017)

660

Branches

11,800

Staff

NBG has presence in Cyprus since 1910. Starting from the times of the British rule to the years after the Independence of the Republic of Cyprus, NBG had an important role in supporting the society, its culture and the local economy, reinforcing the bonds between Greece and Cyprus and contributing in the development of a solid banking sector on the Island.

NBG started its operations in Cyprus as the “Bank of Athens” with one branch in Limassol. It gradually expanded in all cities of the Island. In 1953 the Bank of Athens merged with National Bank of Greece. In the period that followed the Bank continued its development and growth supporting the activities of many important businesses and corporations. In 1972, the branch network of NBG held second place amongst the banks in Cyprus.

Year 1993 was a milestone in the history of NBG in Cyprus. The Group took a strategic decision to run its operations on the Island under a separate legal entity and established NBG (Cyprus) Ltd.

Today, NBG (Cyprus) Ltd is a universal bank offering a broad range of financial products and services that meet the ever-changing needs of businesses, individuals and institutional clients. It enjoys the privileges of being a member of NBG Group such as its legacy, experience, infrastructure and international recognition. The development of International Banking, servicing International clients has been a priority in recent years. NBG also offers insurance services through NBG Insurance Cyprus Ltd, which operates in the country for more than a century.

The Bank has 250 staff and a network of 9 branches with presence across the Island. Since 2011 it has established a Representative Office in Moscow, Russia. The Bank’s Head Office is located in a historic renovated building (former “Lysioti”) on Makarios Avenue in Nicosia.

“Our vision is to further develop our dynamic presence and quality of services, operating with efficiency, transparency and commitment for the benefit of our customers and other stakeholders, with responsibility towards society”