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As the ground under the feet of the locals on the cosmopolitan Island of Santorini in the Aegean Sea continues to “rumble” due to the ongoing earthquakes, the National Bank of Greece (NBG) attempted to gauge the potential impact on Greece’s tourism revenue.

The National Bank of Greece announced that it has successfully completed the placement of a reduced-security bond in the market amounting to 500 million euros with a return of 5.875%. The bond has a duration of 11.25 years with a callable period of 6.25 years.

National Bank (NBG) plans to sell four portfolios of non-performing loans this year, bankers close to the process said, as Greece’s recovering economy allows its major banks to focus on balance sheet repair after a 10-year debt crisis.