Best bank – National Bank of Greece
Best debt house – CSFB
Best equity house – Citigroup
Best M&A house – JPMorgan
Best local partner – Deloitte & Touche
National Bank of Greece, the country’s oldest bank, is still its dominant financial institution. Despite a difficult year, it managed a return on equity of 8.7% for 2002 and has a decent tier 1 ratio of 7.5%. Since its planned merger with Alpha Bank fell apart in January 2002, NBG has switched its focus towards organic growth in the Balkans.
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