National Bank of Greece mulls sale of London-based NBGI

National Bank of Greece is exploring a sale of London-based NBGI Private Equity Ltd, according to two people with knowledge of the matter.

National Bank is working with investment bank Cogent Partners, which specializes in secondary private equity transactions, said the people, who asked not to be identified because talks are private.

The Athens-based lender is conducting a strategic review, which could be concluded in the first half of this year, to potentially sell NBGI or its assets, one of the people said.