National Bank of Greece (ADR) (NYSE:NBG) Starts to Rise on News of Improving Financial Situation in Greece

National Bank of Greece (ADR) (NYSE:NBG) has been reporting significant improvements in terms of recovering bad loans. The EU had to provide the country with three bailout packages to help solve problems with the country’s banking sector. Furthermore, the Greek economy ministry has announced that it would be providing assistance to the country’s banking sector, […]

National Bank of Greece (ADR) (NYSE:NBG) Meets First IMF Deadline With the Second Payment Due Soon

National Bank of Greece (ADR) (NYSE:NBG) has started its decline once again, after a promising rise after it met with its IMF obligations. The rise was further supported by extended assistance from the ECB. The bank is the largest lender in the country, as per assets. The decline came amid the Euro group meetings, to […]

National Bank of Greece (ADR) (NYSE:NBG) Faces Grim Future Amid Slow Progress in Reforms

National Bank of Greece (ADR) (NYSE:NBG) has been undergoing economic reforms, in an effort to save the debt ridden banking sector of the country. Recently, international creditors of the bank, at the Riga meeting, criticized Greece for not speeding up its economic reforms. The Syriza government had been responsible to restructuring the country’s debts, but […]

Stocks On Radar: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Covidien plc (NYSE:COV), National Bank of Greece (ADR) (NYSE:NBG)

Boston, MA 10/16/2014 (wallstreetpr) – The integrated oil and gas producer from Brazil, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) saw the share price of its ADR plummet by nearly 9 percent to end at $15.55 at close of October 15th trading. The huge sell off is an continuation of the volatility the stock has been […]

Why National Bank of Greece (ADR) (NYSE:NBG) Could Be A Good Bet?

Boston, MA 06/17/2014 (wallstreetpr) – Despite the odds that National Bank of Greece (ADR) (NYSE:NBG) faced and the fact that investors are preferring to stay away from it, the Greek bank has shown some improvement making it a good bet for the forthcoming time. ADR Stocks Not Truly Reflective As per Barrons, the bank’s non-performing […]

National Bank of Greece (ADR) (NYSE:NBG): The Good News In Shares Dilution

Boston, MA 04/16/2014 (wallstreetpr) – Shares of National Bank of Greece (ADR) (NYSE:NBG) continued their downfall through Tuesday as the bank prepares to tap into the capital market to plug its capital deficit. The planned equity offering, however, comes as a surprise given that the bank had initially stated that it would not dilute its shares […]

National Bank of Greece (ADR) (NYSE:NBG) – Looking To Raise Tier-I Capital

Boston, MA 10/22/2013 (wallstreetpr) – National Bank of Greece (ADR) (NYSE:NBG), is a Greece-based financial institution, which offers a range of integrated financial services, including investment, corporate, and retail banking, asset management, stock broking, leasing, and venture capital, real estate, insurance, and consulting services. The bank is able to avoid state control, as it was […]

National Bank of Greece (ADR) (NYSE:NBG): Expenses Down 23% In Past 12 Months Against 2010

Boston, MA 10/21/2013 (wallstreetpr) – That National Bank of Greece (ADR) (NYSE:NBG) is getting back on track ahead of most European stocks can be seen on a number of significant highlights. One such highlight is that in comparison with 2010, the Greece bank has succeeded in lowering its expenses by at least 23%. This is a strong […]

National Bank of Greece ADR (NYSE:NBG)’ Recapitalization plan

Boston, MA 05/31/2013 (wallstreetpr) – The prices of American Depository Receipts of National Bank of Greece ADR (NYSE:NBG) had declined by 42.05 percent to close at $7.07 for the end of last trading session. The ADRs of the Greece based financial services institution had been trading in the range of $5.64 to $7.70 during the day […]