National Bank of Greece’s (NBG) model brings sales, trading, structuring and treasury together across FX, rates, fixed income, derivatives, commodities and energy. Coverage is organised by client segment and sector, enabling the team to begin with a company’s balance sheet exposure rather than an individual product. Cross-functional teams then coordinate structuring, documentation, execution and post-trade support.
This approach supported several complex mandates. During the review period, NBG acted as hedging coordinator on a major international financing involving six hedging international counterparties across the world, a first for a Greek bank.
The bank developed the energy baseload swap, a pioneering derivative that stabilises energy prices for periods of up to 10 years
NBG is the only Greek systemic bank acting as a general clearing member of European Commodity Clearing, giving clients access to the Hellenic Energy Exchange and European Energy Exchange. The bank also developed the energy baseload swap, a pioneering derivative that stabilises energy prices for periods of up to 10 years.
Technology supported both standardised and complex activity. Clients use NBG’s i-FX platform, Bloomberg and specialist systems including Trayport and Neovest. Integrated workflows enable straight-through processing, while real-time margin, cash and exposure information improves visibility. By year-end, 95% of orders met applicable client benchmarks, up from 90% at mid-year, while on-time and accurate processing improved from 89% to 96%.
