National Bank of Greece is established

The National Bank of Greece was established in 1841 as a private-limited company with a capital of 5 million drachmas, which were offered as 5,000 stocks of face value of 1,000 drachmas. The first stockholders were the Greek state, and well-known personalities of the time, King Ludwig I of Bavaria, Nikolaos Zosimas and Jean-Gabriel Eynard, and the French bank Rothschild Frères Paris.

In 1891 the National Bank established the Greek Company of General Insurance "H Ethniki" (The National) and in 1927 the National Bank of Real Estate. The turning point in the bank's history came in 1928 when it lost currency-printing privilege with the establishment of the Bank of Greece.