The governor of the Bank of Greece spoke of an important step in the privatization process of Greek banks, Giannis Stournarasreferring to the completion of the disposal by the Financial Stability Fund (HFS) of 10% of the share capital of the National Bank.

The Governor of the Bank of Greece, Giannis Stournaras, made the following statement:

The Bank of Greece welcomes the completion of the disposal by the Financial Stability Fund (HFS) of 10% of the share capital of the National Bank. The transaction is another important step in the privatization process of Greek banks. The significant participation of Greek and foreign investors reflects the increased reliability of the Greek economy in recent years. It also reflects the significant progress achieved in the Greek financial system as well as its prospects, which allowed the HFSF to proceed with the successful increase.

Warm congratulations are due to the contributors to this great success and especially to Mr. Ilias Xirouhakis (CEO of HFSF) and his associates and Pavlos Mylonas (CEO of National Bank) and his associates».