Greece to kick off National Bank stake sale next week, sources say

National Bank of Greece

24/09/2024 12:21

ATHENS, Sept 24 (Reuters) - Greece's bank bailout fund
HFSF will start the process to sell a stake of up to 12% in
National Bank of Greece  NBGr.AT  early next week, two officials
with knowledge of the matter said on Tuesday.
    "Our plan is to start the process for the sale of 10%-12% on
Monday and conclude by Wednesday," one of the officials told
Reuters.
    A second official confirmed the timing of the sale.
    HFSF holds a 18.4% stake in National Bank, Greece's second
largest lender by market value.

 (Reporting by Lefteris Papadimas
Editing by Mark Potter)
 ((lefteris.papadimas@thomsonreuters.com; +30 210 3376477;
Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))