National Bank of Greece

On May 7th 2020, Prof. Yannis Ioannidis, Director of ATHENA RC, which is the Institution that leads EIT Climate-KIC Hub Greece (Prof. Phoebe Koundouri is the Director of the Hub) and Konstantinos Kanavos, Head of Business Banking, NBG and Dr. Spyros Arsenis, NBG Business Seeds Coordinator, signed an MoU seeking the planning, development, and   scheduling of synergies between the Organization and the Bank, within the context of actions aimed at fostering new entrepreneurship and the innovation and extroversion of Greek start-ups.

The National Bank of Greece was established in 1841 and was the first bank to be set up in the Modern Greek State, going on to play a key role in the economy of Greece throughout its 179-year history. Today NBG heads one of the largest financial groups in Greece, playing a key role in the efforts to support the Greek economy and the economic and social transformation of the country. NBG offers a wide range of financial products and services that meet the ever-evolving needs of private and business customers. The Bank rightly considers itself to be the preferred bank of families in Greece, as it controls ¼ of the retail banking market. Its leading position in savings deposits reflects the trust of its customers who in essence comprise NBG's driving force.

With an extensive branch and ATM network comprised of over 418 branches and 1,488 ATMs, NBG covers the entire geographical area of Greece, while it has also developed state-of-the-art e-channels, including Mobile and Internet Banking. Today, NBG's international network includes 82 units, while the Group employs some 9,566 employees (continuing operations, data as of 30 June 2020).

NBG has developed NBG Business Seeds (hereinafter the “Program”), an integrated program designed to foster innovative and export-oriented entrepreneurship, which includes actions aimed at showcasing innovative ideas and projects, training and mentoring young entrepreneurs, and providing infrastructures, networking and financing, and that the "Innovation & Technology" competition is a component of the Program that aims at rewarding cutting-edge ideas that harness new technologies and fostering innovation in Greece. 

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