National Bank of Greece SA (PK) (NBGIF) News

I should have HODL'ed this one from way back when it was 30 cents, even less.

https://www.euronews.com/business/2024/01/03/greece-hailed-again-as-global-economic-country-of-the-year

It be the ghost of 2009 past! X10

big fat GREEK MORONS, music ban will stop the spread of kovid, dump nbgif https://news.gtp.gr/2021/08/10/covid-19-curfew-imposed-in-heraklion-crete/

Two factors the market might be missing with National Bank Of Greece Sa https://www.stockopedia.com/articles/two-factors-the-market-might-be-missing-with-national-bank-of-greece-sa-165404/

Chart Link https://m.marketscreener.com/quote/stock/NATIONAL-BANK-OF-GREECE-S-45521319/charts/

People going back to work. Straight up for NBGIF

Thanks guys lol

I use Itrade....What symbol do you use for national bank Greece if you want to sell or buy...NBGIF doesn’t work...When I put that in it says I do not own the security....And there’s no way of getting through to Itrade because they’re not answering phones

It’s time to buy...Read this..
1st reason it’s dirt cheap .
And this news :
http://www.ekathimerini.com/250809/article/ekathimerini/business/greece-says-ecb-emergency-package-makes-12-billion-euro-in-debt-eligible

I follow ETE here... https://www.marketscreener.com/NATIONAL-BANK-OF-GREECE-S-45521319/news/National-Bank-of-Greece-S-A-EIB-National-Bank-of-Greece-and-Piraeus-Bank-launch-EUR-560-million-a-29999747/

...and opened an account with Fidelity to buy it on the ATHEX.

Who has some good research sites for this?

We like GREEN.!!

Steadily up she goes.

Thanks for this information. Can you tell me if I am understanding the situation correctly?

1)After 90 days I will no longer be able to buy the shares unless I have a broker with a specific license.

2)The shares I have I can keep and sale at any point.

3)The share price will continue to fluctuate with the price on the Athens exchange

Any thoughts on how the the upcoming election will effect this stock; assuming that the Greek New Democracy takes office

I'll never buy this stock again. After getting burned in August last year shortly after the RS, (it collapsed from $3.25 to $1.09) and now that they will stop reporting to the SEC, I'm done. You can't trust them.

However if you want to continue buying and selling NBG, I would recommend you get a Fidelity account and buy them on the Athens stock exchange instead of otc in America. You can trade them on Fidelity for $4.95. The ticker symbol is ETE:GR.

Trading at $2.01 US in Greece right now

I must be the only one with shares still...Good thing it went up a lot today...I’ll just keep it because it’s going to go higher and the $250 that I have to pay to sell it will be more than worth it....I think the last PR scared everybody off....But the only thing that PR was about was that anybody having the stock can always sell it through their broker because it still trades in Greece. Just have to pay $250 or a bit more to sell it or buy it anytime you want

Up €.14 in Greece now...

Told you ..up €.10 in Greece..

HUGE HUGE hUGE NEWS !!!!!! READ

https://greece.greekreporter.com/2019/03/29/greek-parliament-votes-in-favor-of-new-primary-residence-protection-bill/

$1.76 US in Greece.Going up next week

I called my broker.
Here is a paragraph from what you posted.

After 90 days, if the SEC does not object, the suspension becomes a permanent termination of SEC reporting obligations," it added.

Now does that mean that we won’t get any news and it will continue on trading on the otc...

Anyway I called my broker and they said as long as NBGIF trades in Greece we can sell it through our broker. But it’ll cost around $250 US

I wonder if that’s 90 working days. If it is we got five or six months. If not we got to June 19 th...Plenty of time.

And also does it only mean that there won’t be any press releases going to OTC and it will continue to trade
I’m going to call my broker in about 15 minutes to see what it’s all about

National Bank of Greece drops US obligations
March 20th, 2019 10:19 GMT
by Gary Dixon

Shipping lender National Bank of Greece (NBG) is scrapping its obligation to report to the US Securities and Exchange Commission (SEC).

It said it was filing Form 15F to immediately halt requirements.

"After 90 days, if the SEC does not object, the suspension becomes a permanent termination of SEC reporting obligations," it added.

"Until the termination of registration becomes effective, NBG will continue to comply fully with all other requirements applicable to foreign private issuers registered under the Exchange Act."

NBG said that in 2017 it had resolved to voluntarily terminate the amended and restated deposit agreement from 1998 with The Bank of New York Mellon, as holder of its American Depositary Receipts (ADRs) that represent one NBG share each.

Following the termination of NBG’s ADR programme last March, the underlying ordinary shares of NBG continue to trade on the Athens Exchange.

"The board of directors of NBG weighed the benefits of maintaining the ADR programme against the associated costs and risks and determined that terminating the ADR programme is in the best interest of NBG due to the limited size of the ADR programme, the costs associated with such programme and NBG’s reporting, filing and compliance obligations under the Exchange Act," it said.

Why is the board so quiet

I guarantee nbgif will be up on Monday

pps fluctuates like a friggin yo-yo in Greece

As of now $1.93 US in Greece. Looking strong over there

Greece just raised minimum wage...Read:

https://www.google.ca/amp/s/www.wsj.com/amp/articles/greece-spain-raise-minimum-wage-despite-high-unemployment-11552831201

Read news from Greece. Pay off loans early.

http://www.ekathimerini.com/238552/article/ekathimerini/business/govt-plans-early-imf-loan-payoff

$1.89 now..,might go to $2 today..I’m holding till $10

$1.86 US In Greece right now

Up tomorrow.Turned green quickly in Greece in heavy trading at end of day

Good news for Greek banks:


https://greece.greekreporter.com/2019/02/19/piraeus-ceo-greek-banks-to-significantly-reduce-bad-loans-by-2021-video/

I’m back in. $1.88 US..In Greece as of now.

I’m out for now...I think it’s on a downward trend..., Closed at $1.71 US in Greece

Closed at $1.71 US in Greece.

Down €.05 in Athens.Back to $1 again ?????

I’ll go with “silence is golden” lol

Going way up today and hopefully will keep on going

We get a Dividend..Up .12€ in Greece

https://www.reuters.com/finance/stocks/company-news/NBGr.AT

2019 economic news from Greece:

Economic activity is expected to remain broadly stable this year, propped up by stronger private consumption, which should be aided by a planned increase in the minimum wage and declining unemployment, a healthy export performance, particularly of tourism.FocusEconomics panelists see GDP expanding 1.9% in 2019, which is unchanged from last month’s projection, and 1.8% in 2020.

Well that didn’t take long..,,With the super low volume a bit of good news and this will fly

99.9% of the garbage has been dealt with. Might be taking a position here soon

Pretty good run NBG has been having as NBGIF. Been trading this?

About NBG not trading in the US.. I read some stuff about an upcoming event where you can only trade NBG on Athens stock exchange. Is this true and when does it start trading there if it is true.
Thank you in advance

Good luck with that honeymoon maybe short NBG back to .30 again? Or go long amrn?

https://www.gofundme.com/andrews-and-amayas-honeymoon

A modest honeymoon in Greece for a couple on a modest income.  My name is Andrew Koss and I am asking for your help in giving my wife, Amaya, the honeymoon of her dreams. Amaya and I were married in March.  Our wedding guests were very generous in their financial assistance towards our honeymoon, but after paying for plane tickets and passports, we don’t have a whole lot left.  We moved to Cleveland from Santa Fe at the end of June so I could go to grad school. I am on a teaching assistantship, making a modest income while taking classes at the same time. My wife and I have never been out of the United States, and Greece is my wife’s dream honeymoon spot. We are set to leave on the last day of December and spend 10 days there. My wife works very hard at a health clinic where she does everything she can to make her patients feel as comfortable as possible every single day. She is extremely devoted to her job, she works hard there and at home. She deserves her dream honeymoon and I want to do everything I can to give it to her, however I have very little financial means to make this happen.  The income of a graduate assistantship is not a lot to live on. Amaya makes up a lot of the difference.  We are also expecting a child in April. My wife should be toward the end of her second trimester when we are out of the country. The doctor says this is the best time for a pregnant woman to travel. I am not asking for a lot of help on funds. Greece is not a very expensive country, but I know my wife is disappointed that we won’t be able to do much given the small amount of funds we have left to put toward the trip. We primarily need help with the cost of lodging, food, and traveling between the islands. If you are able, we appreciate any help you can give us to make our dreams come true. If you know me or my wife, please don’t let her know about this as I want it to be a surprise. Thank you for your help, and God bless.