NBG's choice of the FTSEurofirst 80, created jointly by Euronext and FTSE Group, confirms the growing popularity in Europe of the euro-zone tradable index. The FTSEurofirst 80 index provides broader, more accurate market coverage for trading euro-zone equities than competing indices.
Leonidas Fragkiadakis, Group Treasurer at National Bank of Greece, comments: “Our choice of the FTSEurofirst 80 index is in keeping with our commitment to offering clients the very best investment solutions. As one of the most representative indexes for major equity markets in the euro zone, it gives our clients the added benefit of a product based on an underlying index whose performance at maturity will closely track the overall performance of euro-zone markets.”
Xavier Leroy, FTSEurofirst Director at Euronext and Imogen Dillon Hatcher, Managing Director, FTSE Group, added: “National Bank of Greece is the first financial institution in Greece to adopt the FTSEurofirst index series. We are delighted that these indices – now being used by 11 financial institutions in Europe - have been selected. Over the past 18 months, 37 structured retail products based on the FTSEurofirst 80 have been launched, making this one of Europe's leading underlying indices.”
