National Bank of Greece: Best Corporate Governance Greece 2021


Established in 1841, the National Bank of Greece (NBG) has played an ongoing and important role in the country’s economic development. It has evolved into one of the largest financial groups in Greece, while its product line-up and service suite have developed along with the needs of its corporate, business and private clients. The bank and its subsidiaries offer financing facilities, deposit and investment products, as well as brokerage, insurance, leasing and factoring services. NBG has a strong e-banking platform and a national network with approximately 350 branches, 1500 ATMs and 84 international units. It unites a workforce of around 7,700 employees behind a mandate to advance the progress and prosperity of Greek society – values which have contributed to the bank’s business success. NBG aims to be an exemplary corporate citizen and has implemented CSR initiatives to support entrepreneurship, community welfare, human rights, environmental protection and cultural preservation in Greece. The bank’s corporate governance framework aligns with national regulatory requirements and international guidelines for continuity, consistency and efficiency. NBG implements its responsibilities and obligations through good corporate governance and a comprehensive code of ethics. Its strict and effective procedures ensure operational compliance with internal strategies and guidelines, as well as all applicable laws and regulations. It prioritises transparency and publishes annual corporate governance reports, following applicable legislation and best practices. The judging panel presents National Bank of Greece, a repeat programme winner, with the 2021 award for the Best Corporate Governance (Greece).