Greek bank gets 350m eu­ros for Bul­garia, Ser­bia and Ro­ma­nia

The Pak Banker - - Front Page -

ATHENS: Na­tional Bank of Greece SA, the coun­try's biggest lender, will get 350m eu­ros in loans from Euro­pean Bank for Re­con­struc­tion and Devel­op­ment to boost lend­ing in Bul­garia, Ro­ma­nia and Ser­bia. The United Bul­gar­ian Bank will re­ceive 150 mil­lion eu­ros, with Banca Ro­maneasca and Ser­bia's Vo­jvod­jan­ska Banka AD each get­ting 100 mil­lion eu­ros, the London-based EBRD said in an e-mailed state­ment to­day. The len­ders are sub­sidiaries of Na­tional Bank of Greece and the loans will be dis­bursed in two equal tranches. -PB News

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