National Bank has…
National Bank (NBG), the country’s largest lender, has increased credit lines with foreign lenders, it said yesterday. ‘We opened interbank lines exceeding 5.5 billion euros,’ CEO Apostolos Tamvakakis told shareholders. In October, NBG strengthened its balance sheet via a 1.8-billion-euro rights issue. It is also eyeing proceeds of another billion from the planned sale of a 20 percent stake in Finansbank in early 2011.
