National Bank of Greece and AstroBank agree on sale of Cyprus subsidiary

National Bank of Greece (NBG) on Tuesday announced an agreement to sell-off 100 percent of its shares in its Cyprus subsidiary, National Bank of Greece (Cyprus) Ltd, to AstroBank Ltd, naftemporiki.gr reports.

Credit Suisse International is acting as exclusive financial advisor to NBG. Freshfields Bruckhaus Deringer is acting as international legal counsel and Chryssafinis and Polyviou LLC as local legal counsel to NBG.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: athenswalk

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