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National Bank of Greece SA Announces Initiation Of Merger Process Of Eurobank Ergasias SA

Tuesday, 19 Mar 2013 11:32am EDT 

National Bank of Greece SA announced the initiation of the merger process with Eurobank Ergasias SA. The merger will be effected through the absorption of Eurobank Ergasias SA by National Bank of Greece SA, by consolidating the assets and liabilities of the two merging banks, in accordance with the combined provisions of article 16 of l. 2515/1997 and articles 69-77a of cl. 2190/1920. Merger reference date will be the December 31, 2012. The balance sheets of December 31, 2012, will be used as the merger balance sheets of the two banks.