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Τρίτη, 08 Νοεμβρίου 2016 22:42

Decision for new National Bank president, board again stalled

The latest effort on Tuesday evening to elect a new president and top board members for National Bank of Greece (NBG) again proved fruitless, with the Hellenic Financial Stability Fund (HFSF) saying it will issue a relevant statement on Wednesday.

The latest effort on Tuesday evening to elect a new president and top board members for National Bank of Greece (NBG) again proved fruitless, with the Hellenic Financial Stability Fund (HFSF) saying it will issue a relevant statement on Wednesday.

HFSF is an independent banking watchdog group operating under a private sector framework in the country, and among others has a substantial role in appointing leaderships of Greece’s four systemic banks in line with the ESM’s corporate governance provisions. It was established under provisions of the first memorandum in 2010.

At the same time, the leftist Greek government dismissed opposition charges that it was trying to interfere in the process of selecting a new NBG president.

Comments by “sources” attributed to the deputy premier’s office said detailed statements will come only after the process is completed.