Saturday, March 9, 2013

National Bank of Greece (NBG) is an excellent bet !

It is time the economy of Greece having a great rebound!

National Bank of Greece (ADR) (NYSE:NBG) is the largest and strongest financial group in Greece offering a broad range of financial products and services. It controls 25% of retail banking and has the largest deposit base in Greece.  Its service network in Greece includes 516 branches and ATMs. The ADR traded the last 52 weeks in the range $1.05-$3.5. Institutions owned 1% of the bank which has a market cap of $1 billion.