NBG/Eurobank Assets Projected at €178 Billion
2012-10-11 11:20:22
The merged National Bank/Eurobank entity will have combined assets of €178 billion, and have considerably improved access to international financial markets, NBG’s management told analysts in a tele-conference on Wednesday.
Synergies are estimated at €570-630 million in 2015, while the new bank’s loan portfolio will total €109.7 billion and deposits of €87.9 billion in all nine countries where it will have a presence. Its market shares in Greece will be 36% in loans and 32% in deposits.