Greek banks vault to the top
- Greek banks’ resurgence in ship finance has overturned decades of reliance on foreign lenders, pushing their collective portfolio to a commanding $24.8bn
- A 34% surge in Greek‑bank exposure has propelled NBG, Eurobank and Piraeus into the top tier of global shipping financiers
In an extraordinary surge of lending, National Bank of Greece is leading a small group of Greek banks that have supplanted international bankers as the biggest financial backers of Greek shipping
