The National Bank of Greece (NBG) is widely considered as a favorite in the latest privatization process initiated by the Romanian state for the popular bank CEC. Forbes reads that the improved offering of NBG for 69.9% of the CEC shares would win in front of the OTP offer.
Hungarian media also informs that OPT representatives don’t have too much hope for taking over CEC.
As HotNews.ro announced a month ago, the OTP deputy manager had already declared that OTP « wasn’t expecting a reasonable price demand from the Romanian authorities ».
As a result of the information and rumors during the past days, the NBG shares grew 1.1% on the New York Stock Exchange.
