Meeting between PM, National Bank managing director

National Bank managing director Apostolos Tamvakakis briefed on Wednesday Prime Minister George Papandreou on the National Bank's positive course and prospects.
Reports said the meeting also took place on the occasion of the group's quarterly results that amounted to 157 million euros (net profits).

The National Bank, first among all European banks, planned and is completing its capital support programme, achieving in this way to open lines with the international markets amounting to 5 billion euros with Hellenic Republic titles as a guarantee, decreasing its dependence on liquidity provided by the European Central Bank.
In statements last week on the occasion of the announcement of the quarterly results, Tamvakakis had stressed that the National Bank is planning to undertake new initiatives for the strengthening of the Greek credit system and the handling of the economic crisis.

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