CR PARTNERS has acted as local counsel to National Bank of Greece S.A. (“NBG”), for the sale of its entire stake in its Albanian subsidiary, Banka NBG Albania Sh.A. (“NBG Albania”) to American Bank of Investments SHA, (“ABI”), alongside the international legal counsel Freshfields Bruckhaus Deringer LLP.

The definitive share purchaser agreement between NBG and ABI was signed on 2 February 2018 and the transaction is subject to customary regulatory and other approvals, including from the Bank of Albania and Albanian Competition Authority.

The announcement of National Bank of Greece can be found following this link.