Its takeover of Turkish Finansbank was the first acquisition by a Greek bank in Turkey and the biggest investment abroad by a Greek company to date. Expansion was accompanied by the restructuring of the group, which led to the disposal of participation in sectors and activities that either did not offer satisfactory returns or were not consistent with NBG’s strategy.
“This award recognises the substantial challenges that NBG has undertaken these past few years,” says Takis Arapoglou, chairman and CEO. “NBG Group has reaffirmed its capability to meet and overperform with respect to business plan targets, offering its shareholders returns in excess of 30%. This places NBG among the best performing financial institutions in Europe.
