Project investments are at the heart of our operations.


The National Bank of Greece offers a wide range of financial instruments and takes a flexible approach in structuring its financial products.
The principal forms of direct project financing that the National Bank of Greece may offer are loans, equity and guarantees.


Loans


Loans are tailored to meet the particular requirements of a project. The credit risk may be taken entirely by the National Bank of Greece or partly syndicated to the market.


Equity investments


These may be undertaken in a variety of forms. When the National Bank of Greece takes an equity stake, it expects an appropriate return on its investment and will only take a minority position.


Guarantees


We also provide guarantees to help borrowers gain access to financing through our Trade Facilitation Programme.


TECHNICAL INFORMATION ON National Bank of Greece PROJECTS.



National Bank of Greece INVESTMENTS


Assistance through financial intermediaries


One of the National Bank of Greece’s key aims is to support the development of micro, small and medium-sized enterprises (SMEs) which are crucial to nurturing a private sector economy. To do this, we may make equity and loan financing available to SMEs through a range of intermediaries throughout the countries where we work.

These intermediaries include banks in which the National Bank of Greece has an equity stake or with which it has signed a loan, and investment or venture capital funds in which the National Bank of Greece has made an investment.

The National Bank of Greece may also provide direct financing and support for SMEs through a number of loan and equity facilities.

Financial and operating leases for small businesses cover a range of goods such as commercial vehicles, equipment and machinery.

Contact local partner finance institutions to enquire about finance and to check specific requirements.



What We Fund


Projects may be considered for National Bank of Greece assistance if they:


◢   are located in an economy where the National Bank of Greece works
◢   have good prospects of being profitable
◢   have significant equity contributions in cash or in kind from the project sponsor
◢   would benefit the local economy
◢   satisfy the National Bank of Greece's environmental standards as well as those of the host country



Project Structure


The National Bank of Greece tailors solutions to client and project needs and to the specific situation of the country, region and sector. It assigns a dedicated team of specialists with expertise in project finance, the region and sector, law and environment.

The National Bank of Greece funds up to 35% of the total project cost for a greenfield project or 35% of the long-term capitalisation of an established company

Additional funding by sponsors and other co-financiers is required. The National Bank of Greece may identify additional resources through its syndications programme

Typical private sector projects are based on at least one-third equity investment

Significant equity contributions are required from the sponsors. Sponsors should have a majority shareholding or adequate operational control. In-kind equity contributions are accepted



We do not finance projects in these sectors:


◢   Defence-related activities
◢   Tobacco industry
◢   Substances banned by international law
◢   Stand-alone gambling facilities.
◢   In addition, we may not finance certain products or processes due to their environmentally harmful nature
      or if adverse impact cannot be adequately mitigated.