Awards for Excellence 1999: Non-Eurozone Europe

Awards for Excellence 1999

Awards for Excellence 1999

Non-Eurozone Europe

Greece

Best bank: Alpha Credit Bank

Best foreign bank: Citigroup

Best securities firm: Sigma Securities

Best foreign securities firm: Warburg Dillon Read

Although the Greek banking sector is still heavily dominated by the state-owned National Bank of Greece, over the past 12 months consolidation of the more fragmented end of the market has started in earnest.

National Bank has had a good year in which it reaped the rewards of initial restructuring, including rationalization of core banking businesses and the streamlining of banking processes.

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