The equity market in Greece plunged last week. In just 3 days the benchmark index fell over 14% including 9% on Oct 15th. The Athens Stock Exchange General Index is down over 19% as of Oct 17. Greece was the main focus of the world a few years ago when the country’s economy was on the verge …
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National Bank of Greece (NBG) has implemented a reverse split for the 2nd time in less than two years. In November, 2011 when the reverse split went into effect in the ratio 1:5 I noted that investors may want to avoid the stock. On May 30th, the bank reverse split the ADR again. This time they …
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National Bank of Greece (NBG) implemented a reverse split on its ADR in the ratio of 1:5 effective November 25, 2011. From the announcement released by BNY Mellon: National Bank of Greece has announced a change in the current ratio on its existing ADR program. The current ratio will change from five (5) ADSs representing …
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The 13 most profitable publicly-listed companies in Greece that made it to the Forbes Global 2000 list for this year are listed below: [TABLE=496] Source: Forbes National Bank of Greece(NBG) topped the ranking with profits of $2.15B. It is interesting to note that Coca Cola’s local division appears among the top five and seven banks …