NBG receives ECB’s approval for a dividend distribution following a multi-year sectoral ban

National Bank of Greece S.A. (NBG) announces the receipt of the European Central Bank’s (ECB) approval on 05.06.2024 for the distribution of a cash dividend of €332m, or €0.36 per share, against FY23 earnings. The amount corresponds to a 30% payout ratio of the Net Profit for 2023. 

NBG’s return to dividend distributions constitutes a significant milestone for the Bank and is tangible confirmation of the robustness of our balance sheet, our strong recurring profitability and our sustained organic capital generation. 

The dividend distribution is subject to the Board of Director’s proposal to the 2024 Annual Shareholders Meeting and the Annual Shareholders Meeting’s approval.