Owned by the National Bank of Greece, one of the largest systemic Greek banks, NBG Factors will use a EUR 40 million trade finance facility from BSTDB to support its factoring activity and promote trade finance transactions in BSTDB member countries. Through this operation the Bank signals its confidence in the financial services sector of Greece, which has been strongly recovering from the economic crisis and in the institutional development of NBG actors specifically. Extended in the times of the pandemic crisis, this loan, through NBG Factors as intermediary, will help Greek small and medium-sized enterprises and entrepreneurs to address the pandemic crisis challenges and achieve recovery.