During Friday’s Morning trade, Shares of National Bank of Greece S.A. (NYSE:NBG), lost -25.55% to $0.27. Its 52-Week range is from $0.25 to $2.53.
The stock has the beta value of 4.97318, and its volatility for the week is 10.72%, while for the month it is 9.21%. The company has the market capitalization of $1.10B. The company holds the book value per share of 2.00, whereas cash per share is 6.49. Price to book ratio remained 0.19, while price to sale ratio is 0.20. Analysts mean recommendation for the stock is said to be 3.00 (where 1=Buy, 5=sale).
National Bank of Greece S.A. (NYSE:NBG), stock has a 30-day average trading volume of 13.58 million. Yesterday, the stock generated a trading volume of more than 52 million. As of yesterday’s close, National Bank of Greece S.A. (NYSE:NBG), has a market cap of $1.31 billion.
NBG was founded in 1841 in Athens, making it the oldest bank in the country. It was not government-owned from its inception but had the right of note issue, which it lost in 1928 when the newly established Bank of Greece took over as the country’s central bank.[5] In 1899 NBG attained the Privileged Bank of Epirus and Thessaly (Pronomiouchos Trapeza Epirothessalias). Andreas Syngros had founded the bank in Volos in 1882. Unfortunately, the bank was unable to recover from his death and from the Greco-Turkish War (1897).
National Bank of Greece S.A. (NYSE:NBG), together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities. It offers current accounts, deposit multiproducts, deposits in foreign currency, savings accounts, sight accounts, and time deposit accounts. The company’s loan portfolio comprises housing loans; consumer loans; asset financing solutions, such as loans for business premises and equipment, financing solutions for solar power generation, and leasing services; and liquidity financing solutions comprising of working capital financing, factoring, guarantees and co-funded loans. It also provides financing for SMEs and renewable-energy-sources, and letters of guarantee and documentary credits; syndicated loans, floating rate loans, and corporate bonds; factoring services, revolving credit facilities, closed-term loans, loans in foreign currency; project finance; import-export services, trade finance solutions, guarantee programs for international transactions; investment products and services comprising ascending time deposits, mutual funds, SICAVs, and stock trading services; child and pension, health, and property insurance products. It provides debit and credit cards; payments through standing orders; safe deposit boxes; bank cheques and orders in euro issuance; remittances; foreign currency services; private and premium banking services; corporate cash administration services; payments and liquidity administration solutions, in addition to operates in real estate administration, hotel, and warehousing businesses. The company operates in Greece, Turkey, the United Kingdom, Bulgaria, Romania, Albania, Serbia, FYROM, Cyprus, Malta, Egypt, and South Africa. It operates 529 branches and 1,409 ATMs.
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